Comment on Landlords are parasites

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Gorilladrums@lemmy.world ⁨3⁩ ⁨days⁩ ago

This is nonsense, there’s ZERO merit to rent control in 2025. It is a proven failure. There’s mountains of studies, cases studies, and reports spanning over decades from cities all over the world, that show the same exact thing. Rent control does NOT control prices or fixing housing issues. In fact it does the opposite, it strangles supply by disincentivizing developers from building new units and it jacks up prices by incentivizing landlords to increase prices every time they get a new tenant, and by extension it also incentivizes landlords to continuously seek out new tenants for this purpose.

Rent control directly benefits your average landlord and hurts the average tenant. People have to incredibly misguided to still push for it. Massive corporations like Blackrock are unaffected by these policies. They’ll profit either way because they control way more than just real estate. Their issue is not market incentives, it’s accountability. So no your grandparents owning a triplex and renting out two units doesn’t put them on the same team as Blackrock.

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