Funktownajin t1_j9ik3f5 wrote on February 22, 2023 at 5:34 AM

Reply to comment by ArticDweller in The harms of gentrification | The exclusion of poorer people from their own neighbourhoods is not just a social problem but a philosophical one by ADefiniteDescription

Rent control keeps vulnerable people from being displaced, which is the issue with gentrification. What causes housing market failure and urban stagnation isn't primarily rent control, it's a bunch of other policies that stem from the days of segregation and zoning laws to prevent changes to neighborhoods.

ArticDweller t1_j9ikwgj wrote on February 22, 2023 at 5:43 AM

I agree with you that zoning laws are heinous. I disagree with you on rent control, there’s a reason market economies work and it’d be pretty weird if they didn’t work for this one thing. Price controls cause shortages, full stop.