Re:California Approves Statewide Rent Control
by slavik81 on Thursday September 12, 2019 @01:39AM
(#20948366)
Getting back at owners for opposing new construction by instituting rent control is cutting off your nose to spite your face. Rent control adds even more people who have no financial incentive to reduce the cost of housing in their neighborhood, thus making new construction even more politically difficult.
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