Here’s an actual study’s conclusion on the matter:
In this study, I examine a wide range of empirical studies on rent control published in referred journals between 1967 and 2023. I conclude that, although rent control appears to be very effective in achieving lower rents for families in controlled units, its primary goal, it also results in a number of undesired effects, including, among others, higher rents for uncontrolled units, lower mobility and reduced residential construction. These unintended effects counteract the desired effect, thus, diminishing the net benefit of rent control. Therefore, the overall impact of rent control policy on the welfare of society is not clear. (source)
This policy was literally implemented in my homeland, Spain, when a few years ago an inflation-cap was implemented so that rents can’t rise above CPI.
The comparative economic studies that analyzed the evolution of prices in rent-capped areas proved empirically that prices had gone up slower in rent-capped areas than in free market regime.
Source: Dude, trust me
I agree, rent cap affects supply, but that’s not necessarily a bad thing.
That’s such a backwards take. Of course it’s a bad thing. There’s more people that want houses than there are available units. Developers won’t build new ones because there’s no incentivize to do so. It’s in their best interest to hold to artificially restrict supply and jack up prices every time a new tenant moves in. So you end up with higher rents and less units.
treating as a commodity instead of as a human right.
This is just moronic at this point. It’s crystal clear that you’re just repeating because you think it’s sounds virtuous, but you haven’t given a single thought as to what that even means and you won’t ever provide any explanation. If you apply the most elementary level of logic, anybody could understand that a house, including public houses, is something that costs money because it requires resources, time, and labor to make. Because of this, it is something that has to be traded for one way or another, and thus it is a commodity. Slapping the “human rights” label next to it is not going to change this reality.
It’s the only model that has abolished homelessness in history
Source: Dude, trust me
Soviets enjoyed rents of 3% of average income
This has already been debunked. The fact that you keep repeating just shows that you’re disingenuous.
You, on the other hand, are very dumb, because if you continue reading that very sentence and the one after it:
…it also results in a number of undesired effects, including, among others, higher rents for uncontrolled units, lower mobility and reduced residential construction. These unintended effects counteract the desired effect, thus, diminishing the net benefit of rent control.
Almost as if I had already given answer to those points in my previous comment about supply of housing (Buenos Aires example) or reduced construction (publicly driven construction) and you just refused to address those points! I explicitly said rent control is a band-aid and I gave solutions to literally every “problem” you brought up in the study such as higher rent for uncontrolled units (control them all), lower mobility (that’s a good thing meaning people get evicted less), and reduced residential construction (can be solved by public construction and has historically been solved like that).
Half of your original claim was that it does nothing to solve rent prices, and your own source claims that you’re wrong on that, and you have the ballz to be here questioning my sourcing abilities lmao
Here’s an actual study’s conclusion on the matter:
Soaring home rental prices are affecting all of Spain: almost 40% exceed 1,500 euros a month
Source: Dude, trust me
That’s such a backwards take. Of course it’s a bad thing. There’s more people that want houses than there are available units. Developers won’t build new ones because there’s no incentivize to do so. It’s in their best interest to hold to artificially restrict supply and jack up prices every time a new tenant moves in. So you end up with higher rents and less units.
This is just moronic at this point. It’s crystal clear that you’re just repeating because you think it’s sounds virtuous, but you haven’t given a single thought as to what that even means and you won’t ever provide any explanation. If you apply the most elementary level of logic, anybody could understand that a house, including public houses, is something that costs money because it requires resources, time, and labor to make. Because of this, it is something that has to be traded for one way or another, and thus it is a commodity. Slapping the “human rights” label next to it is not going to change this reality.
Source: Dude, trust me
This has already been debunked. The fact that you keep repeating just shows that you’re disingenuous.
Your original claim:
Your source:
You are very smart
You, on the other hand, are very dumb, because if you continue reading that very sentence and the one after it:
This directly supports my claim.
Almost as if I had already given answer to those points in my previous comment about supply of housing (Buenos Aires example) or reduced construction (publicly driven construction) and you just refused to address those points! I explicitly said rent control is a band-aid and I gave solutions to literally every “problem” you brought up in the study such as higher rent for uncontrolled units (control them all), lower mobility (that’s a good thing meaning people get evicted less), and reduced residential construction (can be solved by public construction and has historically been solved like that).
Half of your original claim was that it does nothing to solve rent prices, and your own source claims that you’re wrong on that, and you have the ballz to be here questioning my sourcing abilities lmao