@[email protected] to [email protected] • 1 year agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comexternal-linkmessage-square339fedilinkarrow-up1868
arrow-up1868external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.com@[email protected] to [email protected] • 1 year agomessage-square339fedilink
minus-square@[email protected]linkfedilink7•1 year ago↑ supply or ↓ demand. As much as it frustrates politicians, these are the only true levers. Of course, economists have successfully predicted 5 out of the last 3 recessions so who knows. Why don’t you go ask Chat GPT.
minus-square@[email protected]linkfedilinkEnglish2•1 year agoSo we should keep going after land with its perfectly inelastic supply, then.
↑ supply or ↓ demand. As much as it frustrates politicians, these are the only true levers.
Of course, economists have successfully predicted 5 out of the last 3 recessions so who knows. Why don’t you go ask Chat GPT.
So we should keep going after land with its perfectly inelastic supply, then.