Well similar to the Bay Area, government is restricting supply: "local authorities are very reluctant to grant permission for new parks" So the landlords are u

Well similar to the Bay Area, government is restricting supply: "local authorities are very reluctant to grant permission for new parks" So the landlords are using their natural oligopoly to rake in cash. A truly free market is supposed to prevent that kind of situation. I agree though that raising the rent on a disabled pensioner who then has to walk around collecting cans for small change is pretty disgusting. If there's a good argument for rent control, it's for people in exactly that kind of situation.