It's funny to see the incentives at play. The rent control mechanisms are a hidden redistribution channel from money collected by income taxes straight to pockets of landlords.
Ie. gov gives rent subsidies of $100 to poor. Landlords react by rising rent prices by $100 because od this new 'disposable income'. The poor don't feel any difference, only the working population which gets squeezed.
The money flows from workers and businesses through the poor straight to rentiers.
Ie. gov gives rent subsidies of $100 to poor. Landlords react by rising rent prices by $100 because od this new 'disposable income'. The poor don't feel any difference, only the working population which gets squeezed.
The money flows from workers and businesses through the poor straight to rentiers.