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If Proposition 21 passes, it would allow cities and counties in California to implement even stricter rent control policies. Learn more about the 12 propositions on the ballot in California this November: https://www.latimes.com/california/2020-california-ballot-propositions | Los Angeles Times
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If Proposition 21 passes, it would allow cities and counties in California to implement even stricter rent control policies. Learn more about the 12 propositions on the ballot in California this November: https://www.latimes.com/california/2020-california-ballot-propositions | Los Angeles Times
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Rent control policies are gaining support nationwide. Here’s why economists still think it’s a bad idea. | CNBC
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💭 Rent control sounds like a solution — but history proves it’s a disaster every time. 🏚️ NYC tried it for decades… and it destroyed entire neighborhoods. No one builds where profit is punished. The only real solution is more supply, not more restrictions. 🎯 Comment “FACTS” if you agree and tag someone who still believes rent control helps tenants — let’s talk real numbers, not emotions. #RealEstateTruth #RentControlMyth #atmybest197 #RealEstateEducation #HousingCrisis #WealthThroughKnowledge
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Rent control promises to reduce housing costs, but in practice it constrains supply, degrades housing quality, and discourages new construction. Even after those failures become clear, the policy remains difficult to repeal because it protects those already in the market while leaving prospective tenants to compete for a shrinking supply.Watch a new Policy Stories with Hoover Research Fellow @DavidRHenderson:
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