The definition of insanity is to repeat the same mistake over and over again, while hoping for a different, better outcome. Such is the latest case of the predictable Left, turning once again to another failed sociological experiment--capping or regulating rents artificially, more commonly known as "Rent Control." Democrats in California are once again imposing rent control initiatives through state and local ballot measures, including the Sacramento Renter Protection And Community Stabilization Charter Amendment.
The effects of rent control only become worse the longer the rent control continues. Rent control is such a failed policy that most cities which had rent control policies at one time have done away with them. However and despite the facts, America's largest and most expensive cities, ironically have strict rent control policies in place, causing extreme housing shortages.