3 ms·
> Rent control is the ultimate "I got mine" - it rewards people who got in early while making it impossible for anyone else to have housing As opposed to someo
by incahoots 3y ago
> Rent control is the ultimate "I got mine" - it rewards people who got in early while making it impossible for anyone else to have housing
As opposed to someone willing to sacrifice their health by working multiple jobs to live in a such a place.
Rent control works, the problem is we don’t build enough homes to resolve the “not enough” problem. The construction industry is working skeleton crews currently due to the 2008 recession where thousands lost their jobs and never came back.
Then you have the issue with exorbitant property values in metro-like cities which prevent nonprofits and local governments from sitting at the bargaining table. Building outside of the city has its own unique issues.
Arguing that rent control doesn’t work is pretty disingenuous.