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by MrPatan 2038 days ago
> It's hard to see how rent can be disconnected from the property value because if the achievable rent for a property skyrockets that will pull the property's value up.

It's the other way around that disconnects happen: rents stay the same and property prices go up.

But that's not why you got downvoted, no. You misunderstand price controls. It doesn't mean that everybody should have access to a nice apartment in a sought-after area. It means that I should have access to a nice apartment in a sought-after area.

1 comments

> It means that I should have access to a nice apartment in a sought-after area.

Yes, that sums it nicely.