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Landlords Are Pushing the Supreme Court to End Rent Control

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61–70 of 81 posts

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#61

Earlier quoted context omitted.

Why don't we get rid of NIMBYism and make sure that actually solves the issue without banning sensible implementations of rent control?

Rent control is a bad policy no matter how you slice it. In general most price controls are counterproductive

And yet people vote in politicians who back it.

More basic issues clearly need to be addressed before politicians can repeal rent control and still get reelected.

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#62
post #42

Earlier quoted context omitted.

Rent control is the only thing that keeps dozens of my friends in San Francisco. Ages 22-75.

Nobody denies that some people benefit - the question is does society as a whole benefit?

Enough to get the votes, apparently!

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#64

Rent control is dumb policy anyways. Now how can we get rid of nimby rule? Local governments have way too much influence on development, for better or worse. Perhaps sufficiently large development proposals must be entertained by the entire city or town rather than being unilaterally decided by a board - that seems like a sufficient compromise (at the expense of speed, but development is slow anyway given the appeals…

[flagged]

You seem to be advocating giving people that don’t live somewhere power over people that actually do live there. This feels quite backwards.

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#65

Earlier quoted context omitted.

Why don't we get rid of NIMBYism and make sure that actually solves the issue without banning sensible implementations of rent control?

Rent control is a bad policy no matter how you slice it. In general most price controls are counterproductive

That's really not true. Rent control has been shown multiple times to actually work in reducing prices, and when quantitative welfare analysis in whether the drop in mobility is worth the drop in prices are done, it's often found to be worth it. There are of course ways to do rent control that are better or worse, some of which may indeed be generally counterproductive, and everyone agrees that it can't solve the problem by itself.

Economics is not even close to being sufficiently precise for you to be able to reason through any appreciable problem from first principles.

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#66

Man they're really hammering away at this "billionaire benefactor" line, as if the public debate on this topic is over and national consensus has been reached, as if this whole narrative wasn't contrived in the last 6 months. The article doesn't go into detail about the claims of the plaintiffs (called "lobbyists" as if the court can he lobbied), I wonder why. I really want to know what their constitutional argument…

[flagged]

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#67
post #29
post #12

Earlier quoted context omitted.

So the government should serve the interests of those that aren’t residents to the detriment of those that do?

Local governments have finite power given to them by state and federal government. So, the argument is more that state and federal government should actually exercise their authority to fix the underlying problem. Abstractly hyper local optimization is suboptimal.

> Local governments have finite power given to them by state and federal government.

I know it's out of fashion, but the Tenth Amendment appears to say otherwise.

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#68
post #29

Earlier quoted context omitted.

Local governments have finite power given to them by state and federal government. So, the argument is more that state and federal government should actually exercise their authority to fix the underlying problem. Abstractly hyper local optimization is suboptimal.

> Local governments have finite power given to them by state and federal government. I know it's out of fashion, but the Tenth Amendment appears to say otherwise.

The Tenth Amendment, for whatever it's worth, talks about federal and state governments. Local governments: city, town, village, county, etc., are creatures of their state and wholely subordinate.

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#69
post #29

Earlier quoted context omitted.

Local governments have finite power given to them by state and federal government. So, the argument is more that state and federal government should actually exercise their authority to fix the underlying problem. Abstractly hyper local optimization is suboptimal.

> Local governments have finite power given to them by state and federal government. I know it's out of fashion, but the Tenth Amendment appears to say otherwise.

You may be misinterpreting how “nor” is used in the sentence.

The 10th makes it clear the constitution gives the federal government specific powers which means those specified powers aren’t available to the states or local governments.

The first draft is a little easier to understand: “Each state retains its sovereignty, freedom, and independence, and every power, jurisdiction, and right, which is not by this Confederation expressly delegated to the United States, in Congress assembled.” (Which is not) can be flipped to the front so -> “Those powers given to the United States are its alone, all other powers not specifically listed are retained by the States.”

Both versions makes it clear states are losing some power, but they are given a little spin to make it less obvious.

Re: Landlords Are Pushing the Supreme Court to End Rent Control

#70
post #23

Earlier quoted context omitted.

[flagged]

California basically did this[1]. Sadly though the desirable coastal areas are literally full and all spoken for and even without any real zoning anymore there’s nowhere to actually build. So you’re gonna need to eminent domain some Malibu mansions to make room for the non stop line of 1+5s from LA to SF. It’s also interesting to me how many people propose increasing supply when there is nowhere to build, but can’t e…

Just build up. Zoning laws are what prevent that. Those need to be changed.
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