Hacker News new | ask | show | jobs
by anamax 818 days ago
> I never said they do not. I said that’s not the typical reaction

It doesn't take many shoppers to make a huge difference.

> because moving is very difficult

There's always a fair number of people new to the area, not to mention people whose situation has changed significantly and there are a lot of people looking for new housing.

Note that rent-control takes the latter group off the market.

Note that someone taking a "new property" off the market (regardless of reason) is exactly the same as not adding said new property. (Ie, it can't make things worse.)

1 comments

> It doesn't take many shoppers to make a huge difference.

Ok, sure, but when a single landlord buying the new property to do airbnb destroys this entire silly argument right away, that’s a sign to me the argument is working with a flawed premise.