There is no evidence that reducing rent makes the rent go up - only fearmongering. It's a stopgap measure, though, since there still won't be enough housing to meet demand unless you also fix that at the same time.
Which you can also do as a city by just... building! You don't need some developer to come in, you can just do that as a local government!
The City of Vienna is the largest landlord in Europe. It is also the only capital in Europe without a stifling rent or housing crisis.
Which you can also do as a city by just... building! You don't need some developer to come in, you can just do that as a local government!
The City of Vienna is the largest landlord in Europe. It is also the only capital in Europe without a stifling rent or housing crisis.