johnn's Profile

Rent control KEEPS PRICES HIGHER, because once a renter stays in the unit long enough it always falls behind the market rents. The result is that THEY DONT MOVE. Less moving, mean LESS VACANCY which causes HIGHER RENTS!

Most renters and many landlords are far too simple minded to understand this concept. If landlords knew that rents can be adjusted to market rates after a year when the renters lease expires , they would be far more likely to lower the rents to compete with other landlords when a vacancy does come up. This would cause prices to come down. HELLO???
Of course if a vacancy comes up with rent control they will want to charge the absolute MAXIMUM rent possible since they know it will be locked in.