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33 sats \ 8 replies \ @Satosora 26 Nov 2024 \ on: The Economic and Social Consequences of Rent Control econ
"Economists across the political spectrum—everyone from Thomas Sowell to Paul Krugman—agree that rent control is economically detrimental, representing a fundamental infringement on personal economic liberties."
Everyone knows its a bad idea, yet it is still done.
That is why nyc has so many falling apart buildings....and cockroaches.
It's shameless pandering for votes.
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Couldn’t it be the communist method of rousing up envy to bring down property owners? After all, the communists want to abolish private ownership of all properties.
Hmmmm……… where have I heard that recently? Oh yeah, “You will own nothing and be happy!”
Our overlords are hard at work to put us all in cages, fifteen minute, or otherwise.
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Good point. It's shameless pandering and class warfare.
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The class warfare seems to be a huge component of this sort of insanity. Plus the psychopaths enjoy their power to do this to people.
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Is it just pandering, or does nyc actually have a problem with housing?
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They have problems with housing, because no one wants to build housing if they can't charge enough to break even on it.
It's pandering, because the democrat party leadership know the policy will make the situation worse, but also that people will vote for it.
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Isn’t that the dialectic in action? Create a problem, get a reaction and impose your communist solutions. The state wants to make problems because all the solutions require you to give up your freedoms and liberty.
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Oh yes! Those gokiburi are the most disgusting creatures around. Just wait until you wake up with hem chewing on the calluses of your feet!
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