Re:If You Can’t Afford the Rent, It’s My Problem, Too
by crdoconnor on Thursday March 28, 2019 @07:17AM
(#19511051)
People who don't move out aren't increasing supply but they also arent competing with other people seeking new apartments so they aren't increasing demand either. It's net neutral.
Unless you're talking about the people forced on to the street or out of the city entirely by rising rents...?
Yes it absolutely does. Demand doesn't change, but supply is artificially reduced because people with rent control are less likely to want to (or be able to) move out.