To: babble-on
Basic Economics by Thomas Sowell should be required reading for all public officials. I am sure Democrats would not have the slightest interest in in. He goes into the effects of rent control in some detail. Less supply of housing. The rentals deteriorate in quality. People game the system. It is a disaster.
20 posted on
02/21/2019 10:26:10 AM PST by
fhayek
To: fhayek
Less supply of housing. The rentals deteriorate in quality. People game the system. It is a disaster.
"Rent control appears to be the most efficient way to destroy a city, other than bombing." - Assar Lindbeck, Swedish economist
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