Proof-Variation7005 t1_j9qvfc9 wrote
Reply to comment by NoMoLerking in What would it take to mitigate the downside of rent control, specifically the skimping on maintenance? by letoatreides_
And it's gotta be new housing, not just buying shit that's there. If the city took over responsibility for a a thousand units of housing, that'd be great for people living in those units but it wouldn't do shit for anyone else. If anything, it'd make it worse because supply wouldn't turn over.
This is still, at its core, a supply and demand problem. Demand has steadily outpaced supply for decades in every market experiencing these issues. Any solution that isn't going to address the lack of supply is not a solution.
Rent stabilization and control are the dressing, nice to have, but ultimately fucking useless without having a salad (more housing)
Viewing a single comment thread. View all comments