Current Events > Chicagoans! Cannabis or Rent Control

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CobraGT
03/10/18 5:49:47 PM
#1:


Repealing rent control preemption



Illinois Primary has questions on the March 20 ballot.

Should marijuana be legal?

Should rent control preemption be repealed?

No one even tells you about the latter or that yes to repeal means that rents may go down.
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DarkieDLXVI
03/10/18 5:58:29 PM
#2:


Never heard of rent control until now. Did a quick read. Why repeal that?
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silentwing26x
03/10/18 5:59:17 PM
#3:


DarkieDLXVI posted...
Never heard of rent control until now. Did a quick read. Why repeal that?


Because rent control has been proven to not work.
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lincoln002
03/10/18 6:02:43 PM
#4:


Not really understanding what rent control is/means but weed should be legal here. Rent is out of control though.
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ScazarMeltex
03/10/18 6:06:21 PM
#5:


silentwing26x posted...
DarkieDLXVI posted...
Never heard of rent control until now. Did a quick read. Why repeal that?


Because rent control has been proven to not work.

IE it doesn't allow landords to artificially inflate rent prices to keep poor people out of their apartments.
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silentwing26x
03/10/18 6:38:07 PM
#6:


ScazarMeltex posted...
silentwing26x posted...
DarkieDLXVI posted...
Never heard of rent control until now. Did a quick read. Why repeal that?


Because rent control has been proven to not work.

IE it doesn't allow landords to artificially inflate rent prices to keep poor people out of their apartments.


It results in housing shortages because people don't want to landlord when there is no profit in doing so. And the existing supply decreases in quality since landlords won't care for the property any more. Plenty of evidence that shows all of this.

Rent control decreases the supply, which also drives up the cost. It's why major cities have tiny crappy cardboard boxes selling for hundreds of thousands of dollars.
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DifferentialEquation
03/10/18 6:39:35 PM
#7:


Marijuana should be legal and rent control should be repealed.
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Mark_DeRosa
03/10/18 6:40:54 PM
#8:


ScazarMeltex posted...
silentwing26x posted...
DarkieDLXVI posted...
Never heard of rent control until now. Did a quick read. Why repeal that?


Because rent control has been proven to not work.

IE it doesn't allow landords to artificially inflate rent prices to keep poor people out of their apartments.

Honestly...you shouldn't want that. If poor people moved to my apartment complex I would move to another one

I lived in a nice apartment complex that allowed section 8. They were nothing but trouble and had the police called out there every day. Every day to the same section 8 couples and families

Moved to a nicer gated community complex. Never even seen any police there besides me and the other guy that is highway patrol
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CobraGT
03/10/18 6:46:40 PM
#9:


Because you phailed. Law was worded to make it sound like it protects you.

Rent control Preemption protects the owner: Illinois law must be repealed before city council can even discuss rent control. Rent control is against the law in Illinois now.
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