3 ms·
By the same token, op claimed rent control “never” works. But some places implement a sort of rent control that applies to all rental housing not just some. For
by mthoms 4y ago
By the same token, op claimed rent control “never” works. But some places implement a sort of rent control that applies to all rental housing not just some. For instance, in B.C. rents are only allowed to be raised each year by a fixed percentage (calculated annually based on inflation I believe).
It’s not perfect by any stretch but all renters across the province do benefit equally.
- abigail95 4y agoThat's the problem, the renters benefit against everyone else who wants to become a renter, or anyone else that wants to increase supply. If everyone was a renter and there were no barriers to getting a new lease in a new city - rent control would be absolutely fine - because it wouldnt do anything at all. If somethings only beneficial if is benign, it sounds more like cancer than welfare.