I think the example was that this law will not create such a scenario, in the wa... | Hacker News

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		moccachino on Sept 12, 2019 \| parent \| context \| favorite \| on: California Approves Statewide Rent Control I think the example was that this law will not create such a scenario, in the way that previous rent control schemes have. The example given is of a 500% increase in rent, by definition no rent control law should make such an increase possible in a short time frame.

eru on Sept 12, 2019 [–]

Some reasonable law might allow that.

Eg a law could allow any increase up to some benchmark, and up to 5% per year when above the benchmark.

(No clue whether that would be a good idea or not.)

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