4 ms·
I've heard SF's laws against denser housing are a major factor in the housing "shortage" there. [1] In NYC, rent control laws are a major factor in the artific
by sigil 13y ago
I've heard SF's laws against denser housing are a major factor in the housing "shortage" there. [1]
In NYC, rent control laws are a major factor in the artificial housing shortage. There's a consensus across economists of all stripes that rent control is a bad thing ("the most efficient technique presently known to destroy a city -- except for bombing"). See the studies cited here. [2]
[1] http://pandodaily.com/2012/12/01/san-francisco-can-become-a-world-capital-first-it-needs-to-get-over-itself/ http://pandodaily.com/2012/12/01/san-francisco-can-become-a-...
[2] http://www.econlib.org/library/Enc/RentControl.html http://www.econlib.org/library/Enc/RentControl.html
- lukasb 13y agoWhat you say about rent control is true - if there are not restrictions on building new housing. This is almost never true.