Gayblack Canadian Man

Foreign Policy Analysis

4 comments on “Rent cap bill gets approved in California Assembly

  1. When you have no supply and extraordinary demand for so long, that's when you need rent control. Politicians won't build for low income people anymore, that's why you have so much homelessness.

  2. When you have no supply and extraordinary demand for so long, that's when you need rent control. Politicians won't build for low income people anymore, that's why you have so much homelessness. And apparently, other people have no limit on what they pay for rent? That's why housing is so expensive.

  3. Five percent plus an inflation adjustment is not rent control . Your rent will double or triple in less than ten years. That's compounding like interest rates. It's illegal in God's book. In fact, it's the one thing God said he would go to war with us on. It's that bad.
    But what's the five percent for when they get rent every month? It's the tenant's fault that they buy with so little down? They used to put fifty percent down. You don't need an increase with fifty down ,especially not with these interest rates and capital appreciation going through the roof. The tenant is paying so the landlord can improve his building and keep making money hand over fist on appreciation? You got it all wrong.
    You politicians everywhere who haven't cared about the poor and lower income population abd building more housing for them by the millions for decades have caused such high prices everywhere that nothing can reverse or stop this insanity and panic of high prices. You applaud high prices while millions suffer. You have no sense of what it means to run an economy.

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