Submitted by Blecher_onthe_Hudson t3_11a2qwh in jerseycity
xTheShrike t1_j9q3j75 wrote
Reply to comment by Blecher_onthe_Hudson in Want to know why NY metro housing is expensive? Answer in NYTimes OP-ED by Blecher_onthe_Hudson
Socialists do not understand economics whatsoever. Artificial government controls create artificial scarcity which leads to higher prices.
Blecher_onthe_Hudson OP t1_j9q82ea wrote
Precisely how rent control in response to a housing crisis during world War II has resulted in a continuous housing crisis for the past 80 years.
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