News Summary

• A rent control is the same as a tax on landlords used to subsidize the rents of current tenants.
• For those who want it must now pay with time, and inconvenience, or pay by foregoing the great opportunities that moving to the city provided.Remove the barriers tomorrow — zoning, planning, density and height restrictions, dozens of separate permits, labor restrictions (unions, high minimum wages), and so on — and you could get actual new housing before the next presidential election.
• There is plenty of housing supply in the US, it’s just not in places where people want to move.