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Topic | LOL at California voting against rent control. |
FLUFFYGERM 12/01/18 12:59:18 AM #7: | Rent control has been shown to be ineffective, and in fact to have the opposite effect instead of what it intends. In fact most economists acknowledge this. Rent control is a dead concept peddled by leftists who literally don't know basic economics. https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good https://www.nytimes.com/2018/10/12/business/economy/rent-control-explained.html And yet economists from both the right and the left are in almost universal agreement that rent control makes housing problems worse in the long run. --- Do good. Eat communists. ... Copied to Clipboard! |
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