Comment Detail
Date: 07/31/23 First Name: Chris Last Name: Morris Email: chriswillmorris+fhfa@gmail.com Organization Type: other Organization: Cozy Stays Comment
Rent control might be well-meaning but does not have the long-term effect many expect it will. It creates an incentive for developers to not develop additional housing, thus suppressing housing supply. Instead, create incentives that increase housing supply. If supply is increased, all other things being equal, monthly rents will decrease.
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