Earlier quoted context omitted.
Rent control is the only thing that keeps dozens of my friends in San Francisco. Ages 22-75.
Good for them but how is it just and fair? Why your friends get cheap rents and not my friends who would also like to have cheap apartments in SF? How is it fair that everyone who doesn't have rent controlled apartment is paying more for their apt than they otherwise would, as dictated by supply-demand 101. How is it fair that a private entity (a landlord) subsidies another private entity (renter) under threat of gov…
Yeah, I can, because the flip side of this is that they're already marking up the ford 250%, so when they take the 40% of the new total off they're just getting their normal margins and not their vastly inflated ones that they get to pawn off on others in the name of "ford price control", and everyone else pays those higher prices thinking, "Well, if that guy can afford it, I must be able to also..."