3 ms·
Seems clear rent controls don't work in a hyper inflating economy where land lords can't lockin rent for multiple years because 3 years down the road, tenants a
by maxglute 2y ago
Seems clear rent controls don't work in a hyper inflating economy where land lords can't lockin rent for multiple years because 3 years down the road, tenants are paying price of bread for rent. The core problem is the hyper inflation, not the rent control, which under "normal" performing economic conditions will not trigger same set of behaviors, or at least the costs/benefits are not this obvious.