by youme
“California’s New Rent Control Law Will Make Its Housing Shortage Worse
“The latest ill-conceived policy from California is a statewide rent cap. As the New York Times reported this week:
The bill limits annual rent increases to 5 percent after inflation and offers new barriers to eviction, providing a bit of housing security in a state with the nation’s highest housing prices and a swelling homeless population.
fee.org/articles/how-we-know-california-new-rent-control-law-will-make-its-housing-shortage-worse/
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