Their Govt funds inflate, more money chasing goods & services, the price of construction & sale so a cap on rent will stop future building creating more housing shortages
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ICYMI: Capping rents led to slums. Feds got out of building low income housing in the 60s and incentivized PRIVATE citizens to do it. RE taxes keep rising, how can private citizen forecast that? SO as costs rise, owners spend less on maintenance ... What if owner sells?
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Republican Socialism
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Great. Caps on rates? Someone telling someone else no. Looks like more homeless on the street soon.
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