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A comment on California Approves Statewide Rent Control. Parent comment

Re:California Approves Statewide Rent Control by austhrow743 on Wednesday September 11, 2019 @10:56PM (#20947422)
Rent control = less profit for building properties = less supply.
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Re:California Approves Statewide Rent Control by negrit on Thursday September 12, 2019 @04:56AM (#20949421)
Lets be clear, the reason there is less supply is not rent control.

It's regulations and NYMBYs that prevents any new building with higher occupancy.

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Re:California Approves Statewide Rent Control by austhrow743 on Thursday September 12, 2019 @11:22PM (#20958898)
Regulations and NIMBYs increase development costs.

Rent control reduces development revenue.

They both play a part in making building development less attractive, just from different sides.

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