3 ms·
> The solution You can always look at countries/cities where your "solution" has been tried and see if rents shifted. Certainly in my city there are many more
by robocat 3y ago
> The solution
You can always look at countries/cities where your "solution" has been tried and see if rents shifted.
Certainly in my city there are many more houses (infill and suburbs) and rents are not dropping - however we also have high immigration so demand is rising.
Then again, popular cities have huge demand. Increasing supply seems unlikely to fix the underlying issue.
- patrickmay 3y agoRent control fails consistently. Here are a couple of links, any economist who follows the data agrees: https://www.urban.org/research/publication/place-blame-where-it-belongs https://www.urban.org/research/publication/place-blame-where... https://www.nmhc.org/research-insight/research-report/nmhc-report-rent-regulation-policy-in-the-united-states/ https://www.nmhc.org/research-insight/research-report/nmhc-r... > Increasing supply seems unlikely to fix the underlying issue. The underlying issue is that the law of supply and demand applies to housing just as to any other market. Increasing the supply is the only way to lower prices.