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by michaelkeenan
2476 days ago
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The NYT article we're all commenting on explains: "Studies in San Francisco and elsewhere show that price caps often prompt landlords to abandon the rental business by converting their units to owner-occupied homes." There's a literature on this; there's no need to speculate. Another thing worth checking is the IGM Economic Experts Panel, which covered rent control in 2012: http://www.igmchicago.org/surveys/rent-control |
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