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A comment on Europe embraces rent controls, a policy that never works. Parent comment

Re:Europe embraces rent controls, a policy that never works by TheCoelacanth on Friday July 26, 2019 @09:29PM (#20539815)
Only 1% of units in NYC are rent-controlled. It needs to have been built before 1947 and the tenant must have lived there continuously since 1971.
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Re:Europe embraces rent controls, a policy that never works by TomMckenny on Friday July 26, 2019 @09:56PM (#20539900)
Indeed, NYC rent control has been weakening since the 70s.

And the annual rental increase 1970 to now is roughly double what it was 1920 to 1970. Yet for housing, 1920 to 1970 saw roughly 50% growth while 1970-now saw roughly 20%

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