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Bobbydadude01 t1_j72tvge wrote

Reply to comment by relliott22 in State lawmakers introduce bill to bring back rent control by HRJafael

As I have stated, this reduces rent volatility for current residents but leads to increased rents in the future for new tenants.

New housing units reduces housing costs.

Learn how to read a paper.

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relliott22 t1_j731ohj wrote

It exacerbates the problem in the long term which makes it a poor policy choice. We should subsidize housing construction rather than imposing rent controls. Learn to draw conclusions based on what you've read.

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Bobbydadude01 t1_j733nyf wrote

It's proper usage is a short-term solution while long solutions are implemented or during economic emergencies.

Implementing rent control while increase unit construction would reduce housing costs in the short term while ensuring increased supply in the long term to counteract the supply affects of rent control.

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relliott22 t1_j734jmm wrote

Which is not what the proposed bill would do. The bill would give cities and towns the ability to impose rent controls. Not temporary emergency rent controls while they also increased supply. Just rent controls. Now, are you for or against the proposed bill? Because I'm against it.

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Bobbydadude01 t1_j735nmt wrote

And that has nothing to do with what I said. I have spoken about the concept of rent control, not specific policy.

But you should be able to figure out my opinion.

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