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by MrPatan
2038 days ago
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> 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. |
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Yes, that sums it nicely.