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contrary-contrarian t1_iuj73ip wrote

Reply to comment by the_ocean in Accurate by seanner_vt2

Your experience has been with rent control on specific properties. This creates scarcity of those properties and thus the issues you've laid out. I'm proposing milder rent control for all rental properties vs. much more strict rent control for only a select few.

The idea is to curb the massive money grabs like we're seeing right now with landlords raising rent at unprecedented levels just because they can, not because they need to.

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the_ocean t1_iuj9guo wrote

That’s fair - i actually think your idea of a cap on rental increases whether renewal or new is an interesting idea that might avoid the pitfalls of classic rent control. I agree with you that the cost of acquiring new tenants probably means that landlords would have minimal incentive to churn.

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