Rent control is a stopgap measure. Without enough supply, it doesn’t matter how controlled the rent is if your odds of obtaining a unit are miniscule. Adding to the supply as a response to rising rental rates and property prices is the correct way to keep things stable. Which should be the govt’s job, but…
Rent control is a stopgap measure. Without enough supply, it doesn’t matter how controlled the rent is if your odds of obtaining a unit are miniscule. Adding to the supply as a response to rising rental rates and property prices is the correct way to keep things stable. Which should be the govt’s job, but…