Wednesday, November 02, 2016

Press- Democrat: Rent Control

The Santa Rosa Press- Democrat has an article by a economics professor at Sonoma State University about rent control. His verdict: It doesn't work as planned:

"To quote a recent Forbes article, “rent control treats the symptom, not the cause of rising housing costs.” The appropriate solutions to a shortfall in supply of housing include policies that will increase the supply of housing not policies that will reduce the efficiency and fairness of the allocation of the current supply of housing."

5 Comments:

At 10:07 AM, Anonymous Anonymous said...

How does that apply in San Francisco where there is no open land to build more housing?

 
At 10:16 AM, Blogger uri driscoll said...

It also doesn't address the issue as to where a home owner owns the home but just rents the space it is parked on

 
At 11:48 AM, Anonymous Anonymous said...

He's spot on.
Over regulation has stopped the cities from issueing permits to renovate or build. Only the big developers & govt, usually tied together when researched, are free to build. This has created a monopoly of the worst type.
The mobile home parks would do well to create gofundme accounts & other fundraisers (not govt) to help them co-op purchase their parks.
Citizens would do well by uniting together and attending city hall & zoning meetings. This is especially important for the secret meetings.
There are two kinds of fools. Those who believe everything they hear and those who refuse to believe a word of it.
There is a pressing reason why govt wants to control the communities in every state. The AFFH-HUD block grant is their favorite means to date. By over regulating the communities, they are the only ones in control.
Rosa Koire, Tom DeWeese, G. Edward Griffin, Grindall69(?), Stop SCAG, are just a few of the many groups & individuals fighting the over reach.
Rent control plays right into the agenda.
I want the corruption to stop, but there are other ways to fight the rent increases than through the corrupt.

 
At 12:44 PM, Anonymous Anonymous said...

Do you have a better quote? Because the one you shared isn't an argument not to approve rent control.

 
At 1:13 PM, Blogger Fred Mangels said...

I was in a hurry so didn't spend much time on it. But they do make a point: policies that help decrease available housing don't help.

 

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