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Comment by dmitrygr

San Francisco, Los Angeles, and New York completely, absolutely, and unquestionably fixed high priced housing by making it effectively subsidized via rent control. It totally worked. There are no problems with the system at all, there are no vacant units being held by owners who fear the results of rent control and inability to actually engage in capitalism. Groceries will be an equal success.

Government involvement by distorting markets always fixes everything.

parent dmitrygr 11 months ago

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