“the problem goes beyond new construction, arguing that government limits on rents can reduce the number of apartments available and discourage investment in existing properties.

“rent increases on rent-stabilized apartments have failed to keep pace with inflation for years, even as the costs of maintaining buildings have continued to rise

“We need more housing!

the public

American Thinker · Aug 13
Direct quote

“slowly but surely, landlords have less to invest in their properties.

“And not only do you end up with fewer housing units available, but the quality of those units consistently goes down as well,

“People aren't giving them up, even if they have too much room.

“Economists, whether they are on the right or on the left, essentially are in universal agreement, that when the government implements price controls in the rental market, you end up with housing shortages,

“you can’t