Gonna post this here and see what explodes later in my Twitter feed: http://conference.nber.org/confer//2017/PEf17/Diamond_McQuade_Qian.pdf …pic.twitter.com/s9OTds4HjX
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Why would this explode? Not much new here.
measuring winners & losers of rent control is always touchy.
Not sure if much Twitter outrage takes place on Friday afternoons :)
Says Mr. Domo-kun, Japanese poop monster....
I'm sure it's capitalism's fault somehow.
reading an academic paper at 4:30 on a friday requires some dedication =p
1) People who don't read past the abstract may come away with the incorrect impression that paper concludes that rent control is bad.
2) Buried in the conclusion: Finding that even though rent control imposed a $5B cost on renters overall, it also provided $7B benefits
The real question is what happens if CH repeal leads to tighter restrictions. Possible that if it happens by ballot, will be exempt from HAA
Three margaritas into the weekend... I have failed you..


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