Of course rent control doesn’t work when all your rental units are built with private funding.
Public housing works quite well with rent control. Taxpayer funded housing - not private or private-public cooperatives that require dangling subsidies or the promise of future profits in front of the would-be developers
No one should be getting wealthy off of housing yet here we are.
While I won’t weigh if rent control works or not, all the voices against the measure are from realtors and rental companies, so, I honestly don’t think is that bad of a decision based on that fact alone.
Of course rent control doesn’t work when all your rental units are built with private funding.
Public housing works quite well with rent control. Taxpayer funded housing - not private or private-public cooperatives that require dangling subsidies or the promise of future profits in front of the would-be developers
No one should be getting wealthy off of housing yet here we are.
While I won’t weigh if rent control works or not, all the voices against the measure are from realtors and rental companies, so, I honestly don’t think is that bad of a decision based on that fact alone.