4 ms·
This is an interesting topic. Eviction inflicts a disproportionate harm to those least-equipped to bear it. While rent-control inflicts a purely proportional ha
by thedudemabry 12y ago
This is an interesting topic. Eviction inflicts a disproportionate harm to those least-equipped to bear it. While rent-control inflicts a purely proportional harm to those best-equipped to bear it. But rent-control also inflicts a difficult-to-characterize harm in the form of stagnant rental construction.
I would be totally cool with a city deciding to make the first tradeoff as a public policy goal, if the construction stagnation (across all rates) could be mitigated. Have there been any successful experiments in that area (I'm only familiar with the craziness of NYC's implementation)?
- kbuck 12y agoIn San Francisco (the subject of the post), houses built after 1979 are not covered by rent control[1]. This "new construction exemption" was designed to avoid stagnation in rental construction. [1]: http://www.sftu.org/rentcontrol.html http://www.sftu.org/rentcontrol.html