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"If there is one thing economists know, it's how to produce a shortage." https://youtu.be/m_IulzK6b0E https://youtu.be/m_IulzK6b0E
by johngalt 11y ago
"If there is one thing economists know, it's how to produce a shortage."
https://youtu.be/m_IulzK6b0E https://youtu.be/m_IulzK6b0E
- germanier 11y agoThat argument doesn't work in this case. He says one has to "set a maximum price below what prevails in the market" to create shortages. Guess what? This law doesn't do that. You are always allowed to charge up to 10% more than the average price.
- titanomachy 11y agoWhich "average price" is that benchmarked to? Average in the city? Neighbourhood? Free-market rents can vary a great deal even between adjacent buildings.
- germanier 11y agoA few factors that are usually included: location, proximity to public transport, noise level, age, interior quality (windows, floor, etc.), energy consumption, and similar. Those calculations (Mietspiegel) are already done since a long time without people complaining too much that they don't capture the real market value.