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by WalterBright 1317 days ago
What about the non-tenants who now cannot find a place to rent, because it's less profitable to build more apartments?
2 comments

Switzerland has a pretty good policy for rent control and tenant housing [1].

This kind of policy needs to be a multipronged approach in policy to provide both new construction and long-term leases (usually 20 years).

[1] https://housingpolicytoolkit.oecd.org/www/CountryFiches/hous...

You could always [raise taxes and] subsidize apartment-building... the G.I. bill would like a word.

Government does plenty of things that are unprofitable for the benefit of all.