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> are houses and long term rentals any cheaper You'd need to do more math than that: has the rate of change in prices of those things decreased? It could be m
by majormajor 2y ago
> are houses and long term rentals any cheaper
You'd need to do more math than that: has the rate of change in prices of those things decreased?
It could be more 10% more expensive but previously would've gotten 15% more expensive, for instance.
And of course even that is trivializing it: there have been outside factors that would also affect the baseline trend in the price of housing for the last 5-10 years, so it could be tough to measure against it.
The authors of the article don't really try: "it's not clear whether the near-ban is achieving one of its central goals: relieving pressure on the city's severe housing shortage."