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Not only is the opposite of what almost all economists think, but it's a moot point. San Francisco has among the strongest rent controls and tenants' rights in
by cynicalkane 14y ago
Not only is the opposite of what almost all economists think, but it's a moot point. San Francisco has among the strongest rent controls and tenants' rights in the USA, and remains bafflingly expensive. If you want to pick the perfect counterexample against old-style 'progressive' housing policy in the USA, you just did.
- jweir 14y agoThe rent controls are for residences not for businesses. Businesses operate on leases, and usually long term leases, like 10 year leases for a restaurant. This will protect the business for the duration, then when it is up, its up.