3 ms·

Forced rent control definitely causes a problem as it suppresses supply.

• jjoonathan 4y ago
  We agree that suppressed supply is the problem. You think the suppression is caused by clueless and misguided poor people. I think the suppression is caused by clued-in rich people pursuing enormous financial malincentives. Do you disagree that the malincentives exist? Or do you think that clueless poor people are a more effective political bloc than clued-in rich people pursuing enormous financial malincentives?
  • dogma1138 4y ago
    You are still missing the point, rent controls restrict supply and even worse mobility they make the market far less efficient and more expensive for the majority of players under pretty much any rent control system.
    • ChuckNorris89 4y ago
      >rent controls restrict supply and even worse mobility Exactly this. People love having rent control until they want to change apartment to upsize, downsize or move, and then realize they can't because the market is FUBAR.