News for hackers. Stuff that matters.
Re:If You Can’t Afford the Rent, It’s My Problem, Too by kortilla on Wednesday March 27, 2019 @11:36AM (#19501949)
Just because there was a boom during the time of ham fisted rent control does not mean it was caused by rent control nor does it imply that rent control was even good for it.

Have you ever considered how much more housing might have been built if it weren’t for rent control?

Re:If You Can’t Afford the Rent, It’s My Problem, Too by crdoconnor on Wednesday March 27, 2019 @11:41AM (#19502010)
I don't think it necessarily was caused by rent control.

It's still an extremely inconvenient fact for anybody advancing the hypothesis that rent control impedes housing development.

It might very well be that the effect is real but is so weak that it is completely overwhelmed by other factors.

It might also be that bringing down property values (which rent control will do) lowers the bar to housing development, spurring more of it.