Rent control and time http://lisaschweitzer.com/2018/02/19/rent-control-and-time/ …pic.twitter.com/0KCRtzXhXP
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ours is 60% of CPI. No way in hell anyone is touching that. Rents decline in real economic terms if you have rent control here.
But with vacancy decontrol the actual upside is enormous.
Whole conversation is a regression. The original proponents of strong rent control in California, the heroes who established a legal right to rent control in California, saw it not as permanent but as a step towards conversion to social housing.
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