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by Qwertious
335 days ago
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>Sure, but if the price of housing is too high then price controls won't fix it either. You'd end up with no availability You're assuming a baseline of a functional market system. If you have widespread price-fixing between landlords (say, via everyone using the same algorithm service that gives everyone the same recommendation) then rent control isn't introducing a price fix, it's just changing the level of price fixing. If you can only rent for $X000, but the rent price is fixed to at least $X500, then for you, there might as well be no availability - the landlord is leaving the place vacant due to the price-fixing. |
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