Michelle Tandler on NYC rent control
This is what I’m seeing: + 2.4 million rent-controlled apartments in a city with a massive housing shortage and 1.4% vacancy rate. + A huge % of these tenants are wealthy, white boomers using the units as pieds-a-terres while they spend their weekends and summers elsewhere. + Meanwhile, the government is using rent control to […] The post Michelle Tandler on NYC rent control appeared first on Marginal REVOLUTION. Related StoriesAI Physicians At LastThomas Sargent is a wise manNegative politic...