2 ms·
Rent control wouldn't be such a problem in SF if it didn't also lead to NIMBY-ism preventing the addition of more housing. I didn't call anyone silly. I said t
by Kalium 12y ago
Rent control wouldn't be such a problem in SF if it didn't also lead to NIMBY-ism preventing the addition of more housing.
I didn't call anyone silly. I said the idea that economics cease to apply because strong emotions and italic fonts are involved is silly.
- tptacek 12y agoEven without NIMBY-ism, rent control keeps new housing from being built, because it makes the return on investment for new housing uncertain. People generally don't build apartment buildings out of the kindness of their hearts.