4 years ago
Rent Control: A Bad Idea Has Spread Again
Rent control is back in style. Despite real-world failed examples and bipartisan criticism from economists, it’s being revived in places and by people who thrive on emotion-based politics. New York, California and Oregon have all passed recent bills imposing some variation of rent control on housing statewide. Even some national politicians have called for it, including Alexandria Ocasio-Cortez, who said it should be universal.
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