Re:Ask HN: How to increase SWE salaries in Europe?
by imtringued on Thursday January 14, 2021 @08:35AM
(#25776078)
Rent control is a bad idea in theory as well. A theoretical solution to the problem that can deliver the promises of rent control is if the government guarantees housing for the desired price.
The reason why it works is because the government is forced to change laws that prevent the construction it just promised. It's about accountability rather than the promise itself.
The reason why rent control doesn't work is because the government can enact or keep laws that restrict the supply of housing. There is no accountability. It's actually equivalent to censorship. If you want the housing market to look good, just ban bad news (high prices).
The reason why it works is because the government is forced to change laws that prevent the construction it just promised. It's about accountability rather than the promise itself.
The reason why rent control doesn't work is because the government can enact or keep laws that restrict the supply of housing. There is no accountability. It's actually equivalent to censorship. If you want the housing market to look good, just ban bad news (high prices).