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That’s a guaranteed way to increase rental prices.
by AmericanChopper 4y ago
That’s a guaranteed way to increase rental prices.
- Gigachad 4y agoOnce the rent increases enough, new construction becomes more and more worth while. Artificially depressed rents lead to a slowdown in construction while allowing them to rise uncontrolled keeps construction flowing at a desirable which itself controls rents because its increasing the supply.
- AmericanChopper 4y agoSure, artificially decreasing supply with pricing controls is a bad idea, but artificially increasing demand with subsidies isn’t the solution to that problem.