> Compassion, please. These are humans we're talking about.
I think that's the core issue with detractors. Rent control is relief, and those who are not in danger only see the forest and miss the trees burned in the process.
If you only think about humans as a spreadsheet, rent control makes no sense. "You gotta crack a few eggs to make an omelette" kind of deal. Even some otherwise economically progressive people I know seem to miss this, but I suppose being able to comment on the internet carries a bit of security to begin with.
The gold faith interpretation lies in the idea that rent control is political poison. It's unpopular to undo rent control, so it's never undone. And I get that. But
1. I see that as sign of a weak politician. Yeah, sometimes we need higher taxes. No one "likes" taxes but we need them.
2. In some ways, trying to undo rent control means the problem isn't solved yet. There's less resistance against rent control once you see housing prices start to fall naturally.
I think that's the core issue with detractors. Rent control is relief, and those who are not in danger only see the forest and miss the trees burned in the process.
If you only think about humans as a spreadsheet, rent control makes no sense. "You gotta crack a few eggs to make an omelette" kind of deal. Even some otherwise economically progressive people I know seem to miss this, but I suppose being able to comment on the internet carries a bit of security to begin with.
The gold faith interpretation lies in the idea that rent control is political poison. It's unpopular to undo rent control, so it's never undone. And I get that. But
1. I see that as sign of a weak politician. Yeah, sometimes we need higher taxes. No one "likes" taxes but we need them.
2. In some ways, trying to undo rent control means the problem isn't solved yet. There's less resistance against rent control once you see housing prices start to fall naturally.