3 ms·
With rent control, you are limited in how you can increase rent later, so it’s to your benefit to let the apartment sit vacant longer until you get a desirable
by seanmcdirmid 2mo ago
With rent control, you are limited in how you can increase rent later, so it’s to your benefit to let the apartment sit vacant longer until you get a desirable rent. Without rent control, because you can just increase rent next year by whatever, you can rent it at the market rate right away without waiting.
- smitty1e 2mo agoTL;DR => Sowell, "Basic Economics".
- stymaar 2mo agoA.K.A creationism for economics.
- seanmcdirmid 2mo agosupply and demand is about as basic as things get, and its never been proven wrong.
- smitty1e 1mo agoBut truth rarely stands in the way of politics.