Wouldn't dropping a bomb be easier?
this post was submitted on 05 Apr 2025
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what would that help?
Same results, fewer steps?
It's not like this hasn't been tried & studied before, and this information isn't readily found. Pretty sure reviews of observational work or any introductory economics textbook tells the predictable effects of rent controls. Even socialist economists have compared rent control to slightly better than dropping a bomb.
While I'm no expert, discussions around here look like a bunch of armchair critics agreeing with each other's dogma on gut feels & wishful thinking without reaching out for anything objective to substantiate their opinions. No sign of anyone cracking open a credible book on the subject, checking some scholarly articles, getting information from someone with a relevant degree, or sitting through a class on it & paying attention. Chamber echoic.
Random, late-night gunfire might do wonders to keep property values low: maybe do that?
i've heard graffiti also does wonders to ensure that rent doesn't go up too much
While a Banksy might have the opposite effect, it's worth a try. A few cars on cinder blocks, abandoned baby strollers, toddlers on the street at 2AM, the odd street shrine to someone killed at that spot add a certain charm that could seal it.
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This guy's giving me Robespierre vibes.
Perhaps he means cost $100 a day? I mean you rent apartments, aren’t they called condos if you buy them?
OK so we don't say condo at all where I'm from so I had to look it up - but it seems like condominium is a type of ownership, and you would still buy an "apartment" that's in a "condo"?
Source is unfortunately a reddit thread: https://www.reddit.com/r/AskACanadian/comments/1b3wlso/why_do_north_americans_distinguish_between_an/