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…and it ends up being a cascade of new regulations to try and address the unforeseen consequences of the previous regulation. Eventually you end up like San Fra
by infotainment 3y ago
…and it ends up being a cascade of new regulations to try and address the unforeseen consequences of the previous regulation. Eventually you end up like San Francisco where no new housing ever gets built ever again and prices are sky-high because of it.
- redserk 3y agoBut go too far in the other direction of not regulating enough, you also end up in the exact same spot.
- friend_and_foe 3y agoDo we? How does that work?
- omnimus 3y agoYes. Most places have had unregulated property market like forever and are similary broken by speculation, collusion, price fixing and just exploitation of tenants. The regulations actually attempts to answer this. They might not work well but atleast somebody is trying to do something. The notion that if you got rid of the regulation and suddently situation would fix itself is suspiciously naive.