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It's almost irrelevant that rent control hurts more than it helps - it's very politically stable policy. The beneficiaries are always people who live and vote
by legitster 4y ago
It's almost irrelevant that rent control hurts more than it helps - it's very politically stable policy.
The beneficiaries are always people who live and vote in the district. People hurt by rent control leave or never show up in the first place.
So barring occasional noble minded YIMBY efforts, once rent control is in effect no one ever has any incentive to change it.
- Octoth0rpe 4y ago> So barring occasional noble minded YIMBY efforts, once rent control is in effect no one ever has any incentive to change it. Landlords who want to raise rents might. However renters outnumber landlords, but perhaps not out-donate them.