News for hackers. Stuff that matters.
Re:Average Rent in San Francisco Has Dropped $1k This Year by kenneth on Monday December 28, 2020 @12:24PM (#25561019)
Missed economics class? It's basic supply and demand. Rent control doesn't do anything to make housing affordable for people trying to get an apartment in the city, all it does is make it near impossible to find an affordable unit (because people who are under rent control are unwilling to move), and push up the price of non controlled units.
Re:Average Rent in San Francisco Has Dropped $1k This Year by inetknght on Monday December 28, 2020 @12:27PM (#25561053)
This argument thread about high or low rent misses the mark.

Rent doesn't make housing affordable at all. Ownership does.