3 ms·
Letting go of rent control would make some sense. It would push the less educated poor out of the most desirable locations and allow sophisticated city companie
by timwaagh 5y ago
Letting go of rent control would make some sense. It would push the less educated poor out of the most desirable locations and allow sophisticated city companies to hire well educated tech talent from all over the country. Although obviously it's not so good if you're a poor Stockholm renter. There are definite economic benefits to doing this though.
However to enable a boom in private housing construction to fix the supply issue it also needs liberal land use regulation. Which is a measure so controversial nobody in Europe even considers it. Otherwise nothing can be built no matter the potential for profit. I personally wouldn't sell out Swedish egalitarianism for just a bunch of tech corporations. It would probably cause a lot of anger. So I wouldn't do one without the other.