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Re:Do rent controls work? by mc32 on Monday August 31, 2015 @11:33PM (#10150574)
I rent. But conversely, I dont believe the gov't should regulate rental prices via rent control. It's a perverse incentive. If the gov't wants cheaper units, build cheaper units themselves. Virtually confiscating property from owners is not the way. If I had money to own or build, I certainly would be disincentivized to build if I knew those properties could become rent controlled. I really don't understand the reasoning of rent control beyond knee jerk reaction.

Now. I live in SF but I don't believe it's my "right" to live here, so long as there were affordable units within commuting distances. By affordable I mean enough units at different income levels. But gov't needs to encourage building, not stifle building, which seems they work very hard at.

Re:Do rent controls work? by simoncion on Wednesday September 02, 2015 @04:48PM (#10161813)
> If I had money to own or build, I certainly would be disincentivized to build if I knew those properties could become rent controlled.

You live in SF, so you know that new construction will not be covered under rent control laws. [0] Why would you say this?

> But gov't needs to encourage building, not stifle building, which seems they work very hard at.

Agreed.

If the city government removes the anti-development zoning laws in much of the city and works to placate the rabid anti-development leaders in both the "DON'T SPOIL MY VIEW!" and "NEW CONSTRUCTION IS ALWAYS RENT CONTROLLED UNIT DESTRUCTION AND YOU SHALL NEVER DESTROY A SINGLE RENT CONTROLLED UNIT!" camps, and there is still barely any new construction, then perhaps it will be time to see why a law that controls rent only in buildings constructed prior to 1970-mumble is stifling construction of new buildings in 2015.

[0] Except in special cases like the Trinity Towers project. In that case, Sangiacomo got permission to destroy a building full of rent controlled units if he replaced each of those units with a rent controlled one in the new building. This was a 1:1 replacement. No rent controlled units were lost, no additional rent controlled units were created, and Sangiacomo got a new building full of "market rate" units in the bargain.