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A comment on Do the Rich Capture All the Gains from Economic Growth?. Parent comment

Re:Do the Rich Capture All the Gains from Economic Growth? by GhostVII on Thursday October 25, 2018 @09:30PM (#18306070)
Wasn't that also the case historically though? Rent control has been around for a while.
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Re:Do the Rich Capture All the Gains from Economic Growth? by skybrian on Friday October 26, 2018 @01:48PM (#18311402)
Sure, it's not new.

Another way to put it is that housing costs used to calculate inflation will lag market prices, because the cost is often locked in for a while. When prices go up, people often don't immediately start paying the new price.

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