[sudosysgen]

i live in Montreal. Every appartment is rent controlled. People move out en masse every year. The issue is rent control only applying to a few appartements and not every appartment, and not having allowances to keep prices low when tenants move.

[kareemsabri]

That's an issue. It's debatable whether it's the issue. But yes, obviously if every apartment has the same rent ceiling nobody will have a reason to stick in one of the lottery apartments forever. Good luck getting that passed in NYC/SF.

[sudosysgen]

Deep down, another goal isn't just to lower rents, but actually to lower property costs, and well implemented rent control helps do that. I agree it's going to be hard to get that passed, but that's going to be true for literally any real solution to housing because they all imply hurting the mass of current real estate investors very hard.