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	Comments on: California&#8217;s rent control temptation	</title>
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	<description>Chronicling the high cost of our legal system</description>
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		<title>
		By: Wfjag		</title>
		<link>https://www.overlawyered.com/2018/11/californias-rent-control-temptation/comment-page-1/#comment-350868</link>

		<dc:creator><![CDATA[Wfjag]]></dc:creator>
		<pubDate>Sun, 04 Nov 2018 15:13:25 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://www.overlawyered.com/2018/11/californias-rent-control-temptation/comment-page-1/#comment-350861&quot;&gt;cc&lt;/a&gt;.

There is another group who support rent control - people who can afford to live in one of the desirable locations and wish to exclude their social inferiors. Anyone with even a basic understanding of economics and business knows that rent control suppresses construction of new apartments and limits the profitability of existing apartments (inducing owners to cut corners on maintenance which makes them less attractive to live in, and motivates renters to live in other communities). The effect is close to that of Green Lining, while permitting those who espouse rent control to engage in preening virtue signaling.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://www.overlawyered.com/2018/11/californias-rent-control-temptation/comment-page-1/#comment-350861">cc</a>.</p>
<p>There is another group who support rent control &#8211; people who can afford to live in one of the desirable locations and wish to exclude their social inferiors. Anyone with even a basic understanding of economics and business knows that rent control suppresses construction of new apartments and limits the profitability of existing apartments (inducing owners to cut corners on maintenance which makes them less attractive to live in, and motivates renters to live in other communities). The effect is close to that of Green Lining, while permitting those who espouse rent control to engage in preening virtue signaling.</p>
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		<title>
		By: cc		</title>
		<link>https://www.overlawyered.com/2018/11/californias-rent-control-temptation/comment-page-1/#comment-350861</link>

		<dc:creator><![CDATA[cc]]></dc:creator>
		<pubDate>Sat, 03 Nov 2018 20:09:38 +0000</pubDate>
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					<description><![CDATA[People who favor rent control think 1) prices for things are arbitrary and 2) landlords are rich and evil. In other words &quot;unfair!!!&quot;. They never stop to ask what they would do if they owned apartments or had money to invest. Prices for everything go up but you can&#039;t raise what you charge--how long can you stay in business?
The root cause of course is NIMBYism as well as &quot;smart growth&quot; which prevents building on the outskirts of town.]]></description>
			<content:encoded><![CDATA[<p>People who favor rent control think 1) prices for things are arbitrary and 2) landlords are rich and evil. In other words &#8220;unfair!!!&#8221;. They never stop to ask what they would do if they owned apartments or had money to invest. Prices for everything go up but you can&#8217;t raise what you charge&#8211;how long can you stay in business?<br />
The root cause of course is NIMBYism as well as &#8220;smart growth&#8221; which prevents building on the outskirts of town.</p>
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