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The article makes a whole bunch of points - the main one being that rent control is not a good way to address expensive housing. Are they wrong about other thin
by mhb 10mo ago
The article makes a whole bunch of points - the main one being that rent control is not a good way to address expensive housing. Are they wrong about other things besides your somewhat beside the point example? Are they wrong that "The city now has nearly 50,000 empty units"?
- jonahbenton 10mo agoThe fact is a fact, their diagnosis and narrative is fantasy. A fair number of the stabilized empty apartments are due to the specific points in the 2019 law that too greatly impacted the economics of stabilized apartments. Prior to the 2019 law, it was economic to operate stabilized units, but too easy to unstabilize them, hence the motivation for the law. Replacing those dynamics with section 8 is idiocy.