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by BJones12
192 days ago
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> The point of rent control is to smooth out volatility. Rents can still go up, but the goal is to avoid sudden 150% increases etc. Is it? I mostly see rent control maximum increases below the inflation rate, suggesting a different goal (appealing to voters?). If it were just to eliminate extreme volatility I think we'd see more 5/10/20% increases and less 1/2/3% increases. |
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