@return2ozma to News • 6 months agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comexternal-linkmessage-square330arrow-up1868arrow-down114file-textcross-posted to: [email protected]
arrow-up1854arrow-down1external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.com@return2ozma to News • 6 months agomessage-square330file-textcross-posted to: [email protected]
minus-square@erplink2•6 months ago↑ supply or ↓ demand. As much as it frustrates politicians, these are the only true levers. Of course, economists have successfully predicted 5 out of the last 3 recessions so who knows. Why don’t you go ask Chat GPT.
minus-square@[email protected]linkfedilinkEnglish2•6 months agoSo we should keep going after land with its perfectly inelastic supply, then.
↑ supply or ↓ demand. As much as it frustrates politicians, these are the only true levers.
Of course, economists have successfully predicted 5 out of the last 3 recessions so who knows. Why don’t you go ask Chat GPT.
So we should keep going after land with its perfectly inelastic supply, then.