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Reply to "Price gouging as her first policy announcement? Really? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Controlling prices is insane. Look what rent control does. It boosts the price for everyone else. There’s no such thing as a free lunch. That’s the first thing anyone learns in econ 101. Part of the reason DC or Manhattan apartment rent is so expensive today is because of rent control. [/quote] Rent control allows for the elderly to stay in the city that they lived forever in. It also allows low income service workers, those who provide services to the public like you, to live and work in the city. I knew a teacher who had to work two jobs to afford to live in the city she taught in. That's ridiculous.[/quote]Rent control arbitrarily benefits those who already have an apartment at the expense of future renters who will have to pay even more for housing. There is a ton of data that shows how rent control does not help long term affordability and actually leads to shortages. San Francisco and New York both have had rent control for decades and yet they are still the most expensive and difficult markets to rent in. Please follow facts and science rather than emotion and empty promises by politicians who just want your vote.[/quote] so, kick grandma out of her apartment she's lived in for 50 years so that someone can make more money and younger people have a place to live. Nice.[/quote]
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