Comment by shuckles
This comment just indicates the difficulty of making accurate conclusions based on casual analysis like you're doing.
This comment just indicates the difficulty of making accurate conclusions based on casual analysis like you're doing.
You called his analysis "casual" so he gave you in-depth research? Otherwise, what was the purpose of calling him casual? Just drive-by insults?
You don't need a study to tell you that if you make things more difficult and worse for landlords, the housing supply will decrease.
Courts actually need to do their jobs here for an optimal solution - e.g. it should be easy to punish shitty landlords AND easy to kick out shitty tenants.
It shouldn't take a 1+ year wait (as during COVID) to get a landlord-tenant court date to resolve issues.
The housing issue is multi-faceted however, so that's only 1 piece of the puzzle. But thanks to NIMBYs and building code overreach, it's literally impossible to build affordable housing that would rent at its own depreciation schedule.
> You don't need a study to tell you that if you make things more difficult and worse for landlords, the housing supply will decrease.
That doesn't need to be true. In post WW2 UK the government built lots of rental property. That increased the housing supply and hurt private landlords at the same time.
haha i misread casual as causal, but i guess, here are the "accurate conclusions" you are looking for, that is to say, what does rent control cause, as opposed to the vibes and correlations people are talking about?
it's the "credibility revolution" and someone has won a nobel prize for it.
rent control causes limited mobility (read: displacement out of town) by 20 percent; it causes reduced rental housing supply by 15 percent:
https://www.aeaweb.org/articles?id=10.1257/aer.20181289
rent control causes reduced property values:
https://economics.mit.edu/sites/default/files/publications/h...