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