Merging Rent Control Topics
I propose that the following 2 policy proposals, about rent control, get merged:
Written by @E_Bl_1981
Rent reduction or rent limits. Single working parents cannot afford rent. Close the gap between rent prices and income
Written by @ashp
Put a limit on how much landlords/companies can charge for rental housing by square footage and don’t allow landlords or companies to require a specific credit score or 3 times the amount of rent. Make housing affordable again!
Both of these topics are requesting government rent controls on housing. Topic #2 by @ashp also already has a competent response from @Jack0 , quoted below;
Your suggestion is only treating a symptom. Let’s look at the reasons landlords can get away with charging so much to begin with and go from there.
Obviously, supply is too low and/or demand is too high. Why is this?
Supply: too much red tape on construction. Getting a new house built is too expensive because of administrative costs. Because building any housing is expensive, new construction focuses on $500,000 McMansions, and the prices on starter homes remain high.
Demand: the massive infl…
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