5 ms·
If there were no rent control, all the units would go to the wealthy and everyone else would be driven out of the city.
by Tijdreiziger 4y ago
If there were no rent control, all the units would go to the wealthy and everyone else would be driven out of the city.
- friend_and_foe 4y agoWhy is that? You've got to ask yourself this question, why would this happen? Because if you don't address the cause, you've got a "law of conservation of problems" and you just shift your problems from one place to another. Rent control doesn't solve problems, it moves problems to another part of the system, in this case, a housing system. So what is the core problem? The core problem is that there aren't enough dwellings in the city for everybody that needs to be there. If there were they wouldn't be so expensive. So figure out what you need to do to build more dwellings.
- Tijdreiziger 4y agoBuilding more is clearly the main solution, but failing that, abolishing rent control would only make the existing problem even more dire.
- deleted 4y ago[deleted]