More Rentals
Oct24
A local politician wanted to make rental housing more affordable in Albany?
Discuss the potential implications of establishing rent controls to local landowners. Specifically address what type of price control would be.
If you try to control any price that the leg in demand or supply or both. That means you end up with long lines of people waiting to find a place to live. Because either more people are willing to leave home parents-or to move his people from other cities or investors no longer want to build apartment complexes or maintain those. This happens every time you try to control any price. Look at World War II ration or freeze the price of President Nixon or whatever. See all cities that have rent control, which are forced to continue to spend a long sequence of laws to try to solve the problems caused by the initial error.
Brookline, Massachusetts real estate & apartment rentals
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