[bacr]

The point still stands. Rental caps mean it is very difficult to find a place to live in desired neighborhoods. Of course, you can find places outside the ring, but those would have been cheaper anyway!

That’s not to say it isn’t sensible social policy. It is less disruptive to people who have lived there for a long time. But if you move for work, you will have to either pay a lot more than you would have in 2011, or get lucky.

[fennecfoxen]

I would hold that the better social policy is capping the cost of rent by allowing the construction of competitive housing stock. Either alternative is quite harmful: new housing is unattainable, either by defect of price or availability.

[joyj2nd]

Yeah, rent caps worked out in Lisbon extremely well. Not.