The steelman is that their actual position is that they live there, and do not want to to either not live there anymore, deal with more people living there, or have to pay more to live there.
If there's low supply of flats to rent it seems that prices rise and they will have to pay more to live there. I don't see how the policy keeps rents down.
Is the point to keep population density down?
If there's low supply of flats to rent it seems that prices rise and they will have to pay more to live there.
You dramatically overestimate the economic efficiency of California's housing laws. San Francisco has rent control laws, and the rent increase allowed between 2015 and 2016 is 1.9%. Unless it's changed since the last time I looked, California in general will only reassess the value of a home for tax purposes when the home is sold (or, perhaps like with rent control, they allow adjustments only for inflation).
Obviously, moving is strongly discour...
If it's worth saying, but not worth its own post (even in Discussion), then it goes here.
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