Re:California Approves Statewide Rent Control
by roenxi on Thursday September 12, 2019 @01:21AM
(#20948273)
> Until suppression of building new units stops (by poor, helpless owners), this is the only recourse.
In the spirit of furious agreement, yes the best option would obviously be not to suppress construction.
Just because one interest group wants stupid things to happen that benefit them in the short term doesn't make it a good idea to go open season on stupid things. The goal should always be to improve the state of affairs; not to spread the pain around.
Everyone bar no-one needs institutions stuffed with people who make sensible long-term decisions. The best way to get that is to always pressure them in that direction. Bending to political expedience encourages people who make bad decisions; not a good strategy.
In the spirit of furious agreement, yes the best option would obviously be not to suppress construction.
Just because one interest group wants stupid things to happen that benefit them in the short term doesn't make it a good idea to go open season on stupid things. The goal should always be to improve the state of affairs; not to spread the pain around.
Everyone bar no-one needs institutions stuffed with people who make sensible long-term decisions. The best way to get that is to always pressure them in that direction. Bending to political expedience encourages people who make bad decisions; not a good strategy.