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by pandaman 877 days ago
In California rent control is established by a referendum so it requires either another referendum to repeal or a some large majority in the legislature (which is unlikely to pass since the legislators understand that it's likely to be their last legislation). You cannot take away free/cheap stuff from people in a democracy, nobody is going to vote for that.
1 comments

Rent control is a huge pain the ass because it's simultaneously supported by fatcats who know exactly what it does (i.e. raise overall housing costs) and naive idealists who think they're sticking it to the fatcats.

The cake is a lie.