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A comment on California Approves Statewide Rent Control. Parent comment

Re:California Approves Statewide Rent Control by Jweb_Guru on Thursday September 12, 2019 @10:58AM (#20952206)
What city are you imagining where ten million apartments would be built with no demand for them? I'm assuming the city with ten million apartments and half a million residents is economically depressed, since that many apartments were clearly built for a much larger number of people.

Here's a better question: under a realistic model of building, where building slows down when landlords and property owners feel they have maximized the profit they will get out of it, by what date do you think housing prices will be low enough that current residents who rely on rent control to stay in SF will be able to live there again? 2025? 2035? 2050? What is your recommendation for those people in the meantime?

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Re:California Approves Statewide Rent Control by matchbok on Thursday September 19, 2019 @11:32PM (#21023129)
Nobody is entitled to live in posh neighborhoods. That is a false argument.
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Re:California Approves Statewide Rent Control by Jweb_Guru on Friday September 20, 2019 @02:20PM (#21029723)
You don't see any reason why it might be worse for someone who lives in an area, and already has a life there, to be kicked out, than it would be for someone else not to be able to move in?
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Re:California Approves Statewide Rent Control by matchbok on Tuesday September 24, 2019 @10:28PM (#21066998)
The biggest bargaining chip a renter has is the ability to leave. If the housing market is functioning correctly then renters should have the upper hand and these issues don't matter.

Nobody is "kicked" out because nobody has an intrinsic right to live in a particular neighborhood. Arguing such a thing is in complete opposition to a free market.

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