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I mean it's similar to rent going up.. you could afford it before you can't afford it now sorry
by EricDeb 4y ago
I mean it's similar to rent going up.. you could afford it before you can't afford it now sorry
- msla 4y agoWhich leads to rent control, which leads to a reduce in supply of rental properties. Being fair to the people already here leads to being unfair to people newly moving in, which effectively includes young people just starting out and looking for places of their own. https://www.brookings.edu/research/what-does-economic-evidence-tell-us-about-the-effects-of-rent-control/ https://www.brookings.edu/research/what-does-economic-eviden...