| ▲ | johnnyanmac 2 hours ago | |||||||||||||
>Rent control is a fantastic if trivial example of such. No it isn't. Rent control is made to provide short term relief. Regulations tend to be long term requriements. Of course making a short term temporary solution long term does not work. >we're likely to do more harm than good by imposing interventions because we cannot accurately predict their outcomes For policy, I think it is important to be risk averse. Regulations are extremely risk averse. Slowing down reckless actions so that people don't die should be considered a good thing. Of course, that can be anathema to businesses who rush to be first to market. I don't see regulations being a problem here, but the cost of the regulations. Instead of focusing on de-regulations we look into what that 100k certification is going to? Hopefully not yet another for-profit middleman with incentives to bog the process down. | ||||||||||||||
| ▲ | terminalshort an hour ago | parent [-] | |||||||||||||
> Rent control is made to provide short term relief. Quite the opposite. The benefits of rent control grow the longer you are in the same apartment without moving as the difference between what the tenant pays and the market value diverge further with each lease renewal. There are people in NY who have been in their apartments 50 years and pay 10% of the market rate. | ||||||||||||||
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