The biggest protection you can give tenants isn’t rent control its choice. The choice to leave a bad landlord situation and move to a better situation. Only by building a lot of new homes can we give tenants this protection.
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Replying to @MattRegan10 @NjoweN
This comment isn’t helpful. It’s both. The US has the worst tenant protections among OECD countries. But countries like Germany, also understand to do a lot of mixed use zoning and to be very pro-development, even while having super strong rent controlhttps://www.ft.com/content/14fe8e4c-1567-11e4-ae2e-00144feabdc0 …
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The economist (naturally) takes issue: https://www.economist.com/the-economist-explains/2015/08/30/do-rent-controls-work … Tokyo a counterexample for needing both (absent nimbyism): https://www.vox.com/2016/8/8/12390048/san-francisco-housing-costs-tokyo …
1 reply 0 retweets 1 like
They also have a totally different culturally attitude toward housing in that it’s disposable, whereas our system which we got from the English treats housing as the core wealth accumulation, savings tool.
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