Re:Rent control isn’t working in Sweden
by Avshalom on Thursday August 26, 2021 @12:23PM
(#28316996)
Units built after 1980 in SF units aren't subject to rent control. On a purely econ 101 level "old units are unprofitable/new units are profitable" should spur more new construction to minimize the effects of old units on your portfolio.
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I agree with this, but the misunderstanding because no one is explicitly talking about how there is a desire to preserve rent controlled units. This means it's very hard for the econ 101 to play out.