ArticDweller t1_j9ii4ib wrote on February 22, 2023 at 5:14 AM

Reply to comment by Funktownajin in The harms of gentrification | The exclusion of poorer people from their own neighbourhoods is not just a social problem but a philosophical one by ADefiniteDescription

Rent control is a tried and tested way to cause failure in a housing market and stagnate urban areas

Funktownajin t1_j9ik3f5 wrote on February 22, 2023 at 5:34 AM

Rent control keeps vulnerable people from being displaced, which is the issue with gentrification. What causes housing market failure and urban stagnation isn't primarily rent control, it's a bunch of other policies that stem from the days of segregation and zoning laws to prevent changes to neighborhoods.

ArticDweller t1_j9ikwgj wrote on February 22, 2023 at 5:43 AM

I agree with you that zoning laws are heinous. I disagree with you on rent control, there’s a reason market economies work and it’d be pretty weird if they didn’t work for this one thing. Price controls cause shortages, full stop.