Rent Control Creates Higher Rents in SF

Re:Rent Control Creates Higher Rents in SF by ChainsawSurgery on Monday March 16, 2015 @12:48PM (#9212558)

Not to sound like a complete dick, but... duh? Is this a controversial opinion really from a finance perspective? I was under the impression that almost all arguments surrounding rent control are:

1) Moral/legal arguments

2) Whether rent control is the small problem and lack of housing development due to zoning laws or NIMBYism or conspiracy or whatever is the much bigger problem - i.e. rent control is one small facet of the housing issues in SF.

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Re:Rent Control Creates Higher Rents in SF by nullc on Tuesday March 17, 2015 @02:06AM (#9216526)

There are efficiency arguments as well.

The solution where each participant in a market acts to optimize their own returns is sometimes nowhere near the global optimum allocation of resources (for basically _any_ theory of optimum allocation other than "whatever the market did").

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