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Absolutely true. Rent control is the government trying to "fix" a problem they set up to be unfixable. To be honest I think it is by design, if nobody is willin
by constantcrying 3y ago
Absolutely true. Rent control is the government trying to "fix" a problem they set up to be unfixable. To be honest I think it is by design, if nobody is willing to buy or build housing the government, by default, gets control over it, so they can do what it what they want.
Of course everyone on this website will hate you for suggesting that price fixing has any effect on supply.
- legacynl 3y agoIt's not that rent controls dont have any effect, it's just that the effect is not very significant. Rent controls have existed long before the current housing crisis, it's not the cause.
- signatoremo 3y agoRent control limits supply. It may not be a problem in the past when there was less demand. It is a problem now.
- legacynl 3y agoso basically you're agreeing that other factors can play as big/bigger role in supply of housing units?