Rent Controls Don’t Work
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This is a good read. Rent controls don’t work. What does work? Increasing supply and lowering housing costs. It’s not a panacea, but it will help. The reality is that expensive cities are expensive for a reason. Tenants have to allocate a higher amount of their earnings to live in a world class city. We need to increase transit quality to the 905 areas that can intensify. These are the areas where we can build affordable rental stock.
California Dream: Exploring The Promise — And Unintended Consequences — of Rent Control | Capital Public Radio