22 ms·
i'd happily get rid of rent control right after we get rid of prop 13, all the nimby-supported regulations, building codes, and zoning laws, and a whole raft of
by clairity 4y ago
i'd happily get rid of rent control right after we get rid of prop 13, all the nimby-supported regulations, building codes, and zoning laws, and a whole raft of homeowner and real estate investor subsidies. rent control doesn't dampen new construction, because rent control laws typically exempt newer buildings (like 25-30 years) to allow investors to recoup their investments first.
so you're right, rent control doesn't exist in a vacuum, but exists in response to all the above advantage given to homeowners/investors. let's get rid of those advantages first, then we can unwind rent control.