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A comment on Do rent controls work?. Parent comment

Re:Do rent controls work? by kelnos on Tuesday September 01, 2015 @05:59PM (#10156079)
It's abundantly clear that there's something rotten in the market, and that it's not rent control.

There are many things rotten in the market, and that includes rent control.

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Re:Do rent controls work? by simoncion on Wednesday September 02, 2015 @02:14AM (#10157688)
If you're unaware of how pass-throughs work in SF, you should read this: https://news.ycombinator.com/item?id=10150827 I was incorrect about the effects of Prop 13 [0], but everything else in that comment (and the follow-up) is correct. You should also maybe read this https://news.ycombinator.com/item?id=10155708 and this https://news.ycombinator.com/item?id=10150724 and this thread: https://news.ycombinator.com/item?id=10153675 .

[0] Prop 13 means that property tax increases max out at 2% per year, rather than never increasing. Coincidentally, my rent controlled rent has increased by 2% per year for the past several years.

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