By Dr. Ileana Johnson Paugh —— Bio and Archives--February 22, 2023
Economically speaking, in a free market unencumbered by heavy government control, payments by tenants must be just enough to keep those apartments on the market. If government dictated rent controls force the rental prices down, apartments will start disappearing from the market.
New York has continuously legislated rent controls in its rental housing since World War II to protect consumers from high rents. Basic analysis of supply and demand shows that both groups, renters, and landlords, are actually worse off.
The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
Big Tech and Big Media are gunning for the Conservative Voice—through their Comment Sections.
Canada Free Press wishes to stay in the fight, and we want our fans, followers, commenters there with us.
We ask only that commenters keep it civil, keep it clean.
Thank You for your patience and for staying aboard the CFP ‘Mother Ship’.
READ OUR Commenting Policy
By BobF on 2023 02 20
Thomas Sowell's book "Basic Economics" needs to be required reading for every student (and adult) in the country - in the first chapter he explains clearly why rent ontrol has failed around the world for 400 years.
But of course, the leftists who are pushing this horribly stupid notion pander to the emotion of the ignorant masses who are clueless.
By Ali ByGolly on 2023 02 20
Now that is a good explanation of the evils of Biden’s solution for a nonexistent problem. Don’t address the problems in Ohio, rather go jet setting around the world in your taxpayer supplied jumbo jet, passing out our tax dollars to corrupt foreign powers.
There is nothing more despicable than the Biden Crime Syndicate!
By Mark D Allen on 2023 02 21
Of course, this is NONE of the federal governments business. It is already a real pain to be a landlord. Fortunately I have a total of one property I rent out. But put some more regulations on it, and I will just remove it from the market. Not worth the hassle.
By Fred ALEXANDER on 2023 02 21
Not only is the government proposing rent control, in 2020, California’s Regional Housing Needs Assessment determined that Santa Monica should add around 9,000 units of housing, with around 2,000 of those affordable for low income. I believe this requirement of adding 10% housing increase applies to most Calif. cities creating untold problems with the infrastructure, etc.
Support Canada Free Press
