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>Truly sordid tropes about rent caps and freezes are trotted out again and again, as if simply reciting them makes them axioms: they're not. Neither does insis
by Aunche 3y ago
>Truly sordid tropes about rent caps and freezes are trotted out again and again, as if simply reciting them makes them axioms: they're not.
Neither does insisting that these are sordid tropes make them so. In a vacuum, freezing rent disincentivizes the creation of new housing. You can negate this effect by subsidizing new housing, but that doesn't mean that the effect is fake news.
>Our elected leadership are captive to stupid market force arguments.
I wish. If that were the case, we'd replace property taxes with a land value tax, and it would be much easier for both the government and private developers to build new housing.