How Rent Control Destroys A City AND Hurts Renters!
I discuss the RENT CONTROL DEBATE giving you specific details, facts, and arguments you've NEVER heard. This video displays perfectly how RENT CONTROL destroys a city and is bad for renters. It's what the politicians don't want you to know!
Most would be shocked to realize the topic of rent control is rarely debated among top economists. It's universally known to make every problem worse for the renter and the landlord. So why is it so popular among low information voters? Because it's an easy way for politicians to buy votes, plain and simple.
Not only do I outline arguments against rent control but I also refute the top arguments for rent control. Here are just some of the reasons it's such a bad idea.
1. Restricts supply
2. RAISES rents
3. Pushes low income renters out
4. Provides welfare for the RICH
5. Deterioration of properties and neighborhoods
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Do you wanna see another video as incredible as this?
Watch "Housing bubble 2.0 (Why And When It'll Crash)": https://youtu.be/QB8N0etyLuI
Watch "REAL ESTATE INVESTING VLOG #8 - Valuable Lessons, Project Decisions And Street Brawls!": https://youtu.be/RRI6kq_MiCY
Watch "Pension Crisis Time Bomb Explained": https://youtu.be/kxH7YgJn-ns
Stay tuned every week for new content!
#rentcontrol #HurtsRenters #BadForCities
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