dangerousbob

I thought we all learned these lessons as a kid from Spongebob?

They are bullshitting you. Rent control has most definitely been proven to cause more problems than good.

Making money on rentals is normally on hair margin. So rent control makes it so landlords 1.) can't spend money to fix up property 2.) can't evict bad tenants

Which means you get slums.

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they got a name for that, it's called a bum

as a landlord i can say that i am very much happy that the demon that is rent control is not in my state.

also it's been proven that rent control doesn't work out to well for the host city.

I thought we learned this in the 90s??

What you have explained is exactly what was found to happen.

Rent control is a failed social experiment of the 20th century that creates slums and lowers opportunity for new people trying to move into a city.