LogFAQs > #927507144

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Topic	California's Left doubles down on the policies that made the state the poorest
Broseph_Stalin 09/16/19 7:06:12 AM #25:	scar the 1 posted... So it needs to be coupled with an incentive for building new housing. Rent control is a major disincentive for building new housing. It needs to be dropped altogether. Keep in mind these policies are designed to fail. Rich property owners want to keep people out of their neighborhoods and constrict the supply of housing. With rent control, they can do that while disguising it as a progressive initiative. Republicans aren't the only ones who vote against their interest. <cite>Broseph_Stalin posted [p:927507144] in California... [t:78014093]...</cite> <quote>scar the 1 posted...</cite> <quote>So it needs to be coupled with an incentive for building new housing. </quote> Rent control is a major disincentive for building new housing. It needs to be dropped altogether. Keep in mind these policies are designed to fail. Rich property owners want to keep people out of their neighborhoods and constrict the supply of housing. With rent control, they can do that while disguising it as a progressive initiative. Republicans aren't the only ones who vote against their interest.</quote> ... Copied to Clipboard!
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