Re:If You Can’t Afford the Rent, It’s My Problem, Too
by pmoriarty on Wednesday March 27, 2019 @01:37PM
(#19503515)
If there's enough demand in the market, either the person already living in the apartment or someone else is going to live there.
With rent control, whoever lives there pays lower rent. Without rent control, whoever lives there pays higher rent.
There is no net change in the number of people living there either way.
So why (other to benefit landlords) would we want whoever lives in a given apartment to pay higher rent?
"it will tend to weaken coalitions in favor of reducing housing prices for new home buyers/renters and will tend throw currently homeless people under the bus"
Landlords are not going to voluntarily lower rent prices if they can get away with charging more (else rent control would not even be necessary), and homeless people are not going to be able to afford the higher prices that non-rent controlled apartments cost.
With rent control, whoever lives there pays lower rent. Without rent control, whoever lives there pays higher rent.
There is no net change in the number of people living there either way.
So why (other to benefit landlords) would we want whoever lives in a given apartment to pay higher rent?
"it will tend to weaken coalitions in favor of reducing housing prices for new home buyers/renters and will tend throw currently homeless people under the bus"
Landlords are not going to voluntarily lower rent prices if they can get away with charging more (else rent control would not even be necessary), and homeless people are not going to be able to afford the higher prices that non-rent controlled apartments cost.