'Renters Are Struggling': Economists Back Tenant-Led Push for Federal Rent Control

https://lemmy.world/post/2758313

'Renters Are Struggling': Economists Back Tenant-Led Push for Federal Rent Control - Lemmy.world

My understanding is that rent control backfired pretty spectacularly in the long term.

The better plan here would be to stop companies from buying residential properties, to incentivized the conversation of commercial properties into apartments, to penalize banks and individuals who are sitting on unused residential properties.

Oh, and wipe out all student loan debt so that younger generations have a prayer of buying a house someday.

@flossdaily @return2ozma

Who told you rent control backfired? Cause that's a lie. It was just never adopted as widely as it should have been, and rich owners always have the ear of lawmakers ... the same can't be said of poor/working poor people.

The one issue every economist can agree is bad: Rent control

The problem is rent control doesn’t do anything about the reason rents are rising.

The Washington Post

@flossdaily

Putting all your faith in economists whose sole purpose is to back the current capitalist shitshow that rapes the land and kills the poor is a strange take.

But you do you I guess.