Dad2three
Gold Member
The evidence is all the buildings in New York that look like they're in a war zone. Do you recall all those stories in TV about landlords who wouldn't repair their buildings? Those buildings were rent controlled. Landlords have no incentive to maintain their property when they can't raise rents enough to cover the cost of owning the building.Rent control is a more effective way to destroy a city than strategic bombing.
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Again, you offer an opinion with no evidence and no examples based solely on your ideology and ignorance.
Santa Clara Co. is the heart of Silicon Valley:
http://www.nytimes.com/2005/12/18/realestate/creating-housing-for-teachers.html?_r=0
Because of rent control, construction of rental units in New York came to a complete stop. Now paying $3000/month for a one bedroom apartment is common typical - if you can even find one.
Mea Culpa, I was wrong. I took what I had gleaned from the Santa Clara situation and didn't look beyond it. See:
http://www.nytimes.com/2012/02/17/u...control-and-unintended-consequences.html?_r=0
Kudos.
I gather your mea culpa is an admission that gov't meddling in the biz of biz can (and often does) have negative unintended consequences but, as the article illustrates, gov't resists the need to undo the damage they do. Instead of repealing rent control, the pressure is to use a means-test to determine one's ability to pay rent (from each according to his ability, to each according to his need). The same unintended consequences are in store when gov't meddles in the labor wage market.
One need go no further to prove your assessment, than the EPA's recent 'Shit happens!' excuse, after they poisoned the water for most of the South West.
Naturally, if anyone BUT the EPA had done so... they'd no be destitute and looking at prison for the rest of their natural life.
EPA CLEANING UP THE "PRIVATE MARKETS" ABANDONED MINE??? lol
EPA Contractor Involved in Colorado Spill Identified as Environmental Restoration
Fenton, Mo., company was tasked with mitigating pollutants from closed mine
The money to fund the Gold King Mine cleanup comes out of EPA’s Superfund budget
NOW WHY IS THERE A SUPERFUND BUDGET AGAIN BUBBA?
The Gold King mine wasn’t a designated Superfund cleanup site, which would have required far more funding. Rather, Environmental Restoration was trying to stop wastewater from escaping the mine at the time of the breach, government documents indicate.
EPA Contractor Involved in Colorado Spill Identified as Environmental Restoration
DAMN GUBERMNT!