Commentary: Longtime former Republican on Patrick Deneen and the demise of the conservative intellectual

  • @SCB
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    11 year ago

    Rent control disincentives building new apartments, because there is little financial incentive in doing so in an area choked by supply shortages, thus it exacerbates supply shortages over time.

    See here: https://www.nmhc.org/news/articles/the-high-cost-of-rent-control/

    Note that this is not theoretical - we’ve seen rent control attempted to poor effect worldwide