Advocates want landlords to manage their property as unprofitably as possible. T... | Hacker News

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		ETH_start on Oct 22, 2022 \| parent \| context \| favorite \| on: More than 60k rent-stabilized apartments are now v... Advocates want landlords to manage their property as unprofitably as possible. These kinds of anti-profit policies are enormously harmful to housing affordability/availability. See rent control for example: https://www.econlib.org/library/Enc/RentControl.html

EricDeb on Oct 22, 2022 [–]

I'm too lazy to read that is rent control mean there's a hard cap or it can only go up X% per year?

ETH_start on Oct 22, 2022 | [–]

Hard cap, but the principle behind why it's harmful is applicable to both. The latter is just a milder dose.

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