Re:Do rent controls work?
by simoncion on Tuesday September 01, 2015 @01:30AM
(#10150883)
> ...it would just cause all rents to increase at a slower rate.
Rents increasing at the same rate as inflation is 100% okay. I don't think that anyone thinks that this is a bad idea. (Indeed, the SF Rent Board allows an annual rent increase for rent controlled apartments that is slaved to the CPI for the area.)
Rents increasing by 75% per year, every single year is not okay.
Rents increasing at the same rate as inflation is 100% okay. I don't think that anyone thinks that this is a bad idea. (Indeed, the SF Rent Board allows an annual rent increase for rent controlled apartments that is slaved to the CPI for the area.)
Rents increasing by 75% per year, every single year is not okay.