alt Hacker NewsThe mayor of NYC froze rent... rent controls are the opposite of building more affordable housing, since it disincentivizes building and renting units.
The mayor of NYC froze rent... rent controls are the opposite of building more affordable housing, since it disincentivizes building and renting units.
That's not the only thing he has done. There are also initiatives to actually build it, which I agree is the correct response over rent control (which is more of a bandaid, and a bad one at that).
I don't think rent controls disincentivize building more because not all buildings can be subject thereto.