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mitxela • today at 12:03 AM • 1 reply • view on HN

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.


Replies

vrganj • today at 12:07 AM

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.