08 January, 2018

Stanford paper says rent control drives up San Francisco rents - Curbed SF

Stanford paper says rent control drives up San Francisco rents - Curbed SF: "But the loss of housing might drive up rents elsewhere. “We find that six percent decrease in housing supply led to seven percent increase in rental prices. These caused an aggregate welfare loss to renters of $5 Billion. This is almost as large as the benefits accrued by the lucky beneficiaries of rent control.”
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