3 ms·
> With rent control, basically those who were there first get the housing, those who come later are out of luck. And then they vote against any new constructio
by 908B64B197 5y ago
> With rent control, basically those who were there first get the housing, those who come later are out of luck.
And then they vote against any new construction "to keep the neighborhood's character intact" (remember in the 50's when certain groups of undesirables were excluded from certain neighborhoods?)
> Without rent control, those who are more wealthy can afford the housing, those who are poorer are out of luck.
That creates an incentive to build more.
- deleted 5y ago[deleted]