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by Khol 2647 days ago
To address the last point - if your neighbour can't afford to move because the rent is too high elsewhere then under a non-rent controlled system would the landlord not have raised her rent to a point she would be unable to pay it and would thus be forced to move elsewhere?

(I don't know enough to actually have an answer to this.)

1 comments

Which would you choose:

1) move away from rising costs, in literally any direction (pick just about any other place in the world), settle into a home you can afford and move again later if you want/need.

2) Live in a rent controlled apartment, become trapped for the rest of your life in a neighborhood where you can no longer afford groceries, healthcare or a haircut because of the rising cost of living.