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  1. #26
    Believe.
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    Changing the subject a bit, I actually like the nuttbars other proposal:

    The package of ideas includes The Place to Prosper Act, designed to create a stable rental housing market to protect tenants and rein in corporate landlords.

  2. #27
    I M Ultimate Badass Quadzilla99's Avatar
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    Changing the subject a bit, I actually like the nuttbars other proposal:

    The package of ideas includes The Place to Prosper Act, designed to create a stable rental housing market to protect tenants and rein in corporate landlords.
    If it's some form of rent control its been proven over and over again in economic studies to backfire. Owners let apartment leases expire and convert them into condos and sell them off as that becomes a better way for them to make money on the units. Also, less apartment housing gets built as there's less incentive for profits with rents being low.

    Best way to lower rent prices is to build more and more housing units. Basic supply and demand. If 50 people are competing for 10 units prices will rise..build 40 more units prices will plummet. In California the problem is all these hypocritical liberal NIMBY people who oppose building more housing as poor people will move into their neighborhood (especially if it's part of an affordable housing initiative) or their own house price will go down if there are too many new houses in the area

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