say it with me:
BUILDING
APARTMENTS
WITHOUT
CONTROLS
ON
THE
RENTS
OF
THOSE
APARTMENTS
ONLY
ENRICHES
DEVELOPERS
AND
DOES
NOT
DRIVE
DOWN
RENTS
thinking that it does is some neolib "free market" bullshit
I think it's helpful to view rich people, or capitalists, or however you define these groups as cold machines that chase their own interest. If you set up a system where chasing that interest is beneficial to you, you don't have to trust them to do anything but be selfish.
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In this case, you make it easier for them to build tons of dense housing in high-demand by removing laws that make this impossible. People are willing to pay for that housing; knowing they can make money by building and renting, capitalists build and rent. Now,
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my *guess* is that your objection is something like: how does this reduce rents? Allow that landlords want to charge as much as they possibly can--I agree that they do, pretty generally! They'd take every penny from tenants if they could. All that's stopping them is competition
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