News for hackers. Stuff that matters.
Re:How California Became America’s Housing Market Nightmare by rcpt on Wednesday November 06, 2019 @01:22PM (#21465341)
CA didn't have rent control until after Prop 13 passed. Howard Jarvis rallied renters by claiming that landlords would be nice and pass the tax savings onto their tenants. Somehow people believed this and, when it didn't happen, lashed out with aggressive rent control laws in our major cities.

There are no comments on this comment yet.