Re:If You Can’t Afford the Rent, It’s My Problem, Too
by lern_too_spel on Wednesday March 27, 2019 @11:34PM
(#19508987)
Nope. New landlords are incentivized to build housing. The only thing that could stop them is regulations from existing landlords, but in a place with enough votes for rent control or subsidies, existing landlords do not have the votes to stop them.
Re:If You Can’t Afford the Rent, It’s My Problem, Too
by dredmorbius on Thursday March 28, 2019 @12:23PM
(#19513689)
Counterfactual: San Francisco has rent control and subsidies (Title 8). Landlords have the votes to stop construction.
Plus; the probem is *regional8. It's the Bay Area as a whole which is chronically short new housing. SF alone cannot absorb all new demand. Similar dynamics affect most constrained markets.
Again; your economic understanding is flawed, as is your grasp of historical facts.
Re:If You Can’t Afford the Rent, It’s My Problem, Too
by lern_too_spel on Sunday March 31, 2019 @12:30AM
(#19533877)
It is not a counterfactual. Once you have rent control, existing renters will no longer be in favor of building new housing. You're confusing having the votes at two different times, among other things.
Your second remains economically invalid for the reasons already stated.