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by kaikai
2353 days ago
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That’s not true, and I can think of several examples where rent control would help grad students: Grad students often live in Santa Cruz long term. I know multiple people in Santa Cruz who went back to school for higher degrees, and kept their same housing. Even students who come from out of town still live there for the duration of their program, which can be 6 years. The rental market changes fast, and rent control for those 6 years would have an impact. Many grad students live with other students, so the same lease can carry over as long as a leaseholder stays. I lived in one house that had kept the same lease going for over 15 years. That might get harder with rent control in place, but our rent was still comparatively cheap because we’d been there for so long. Regardless of whether it helps grad students survive, it helps the people who live in Santa Cruz long term. I eventually left because I couldn’t afford to live and work there, and might not have had to make that choice if rent prices hadn’t gone through the roof. |
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Rent control can help stop the bleeding while building catches up with demand, but it's ultimately a negative over the long term.