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by wahern
2629 days ago
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According to the most recent paper, "renters who came later paid about 5% more than they would have in the absence of rent control." https://www.gsb.stanford.edu/insights/rent-controls-winners-... That doesn't sound disastrous. After the 2016 election I would think free market proponents would be more appreciative of the value of economic security and the costs of structural dislocation, but I guess not.... Anyhow, rent control in SF only applies to pre-1979 buildings, so if anything rent control provides an incentive to build new housing. We need more new housing, period. We can at least agree on that. I don't see how rent control prevents the creation of new housing. The city and its voters do that all by themselves. |
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