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biggreencat t1_ixd770d wrote

Reply to comment by GND52 in It's a Miracle Your Favorite Local Bar Still Exists by troxwalt

you should know that those arguments aren't convincing. Rent control is supposed to protect renters

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Marlsfarp t1_ixdc6e4 wrote

They are convincing to someone who is even slightly open to being persuaded by evidence.

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biggreencat t1_ixdfh38 wrote

like you, right?

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Marlsfarp t1_ixdg1h1 wrote

Yes, like me. I have opposed most forms of rent control since reading about the subject.

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biggreencat t1_ixdg7ms wrote

and before reading about the subject?

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Marlsfarp t1_ixdgao8 wrote

Seemed like a good idea.

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biggreencat t1_ixdhjnx wrote

......because it helped people who were renting? and now you disagree with that? I have my issues with rent control, too, but I wonder what yours are

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Marlsfarp t1_ixdilgb wrote

So when you said "those arguments aren't convincing," what you meant was "I'm not going to read any of that?"

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biggreencat t1_ixdjh1n wrote

sure i will. which article should i start with?

also, i'm interested in your thought process, as one who has tread before.

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Marlsfarp t1_ixdlmj1 wrote

First one he listed lays it pretty straightforwardly. Rent control reduces both the quality and quantity of housing available, in more or less the same way price controls for other things typically do. The theory is straightforward, but it's not just theory, it is extremely well documented in practice. It benefits entrenched interests at the expense of all future residents, and destroys the livability of cities.

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biggreencat t1_ixdn1yw wrote

the problem i'm trying to bring up is that it's a benefit to the people who are receiving rent control. there aren't a lot of policies that are quite as socially protective as that is. of course those of us who aren't benefitting from it aren't going to consider it beneficial.

I'm also sceptical (to put it mildly) that the general population of renters would benefit from more development and the changing of zoning laws.

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Marlsfarp t1_ixdo78w wrote

The people who manage to land a rent controlled home will be able to live cheaply as their home and their city decays around them, together with their grown children who can't afford to leave. Sometimes it's worth it for that select group, but overall it's a disaster. Supply and demand is not some trick made up by evil economists.

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biggreencat t1_ixdp67k wrote

i agree with the first sentiment. that's my problem with rent control--how's it help someone like me? that second sentiment tho. it's a very dated simplification.

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