Quote:
Originally Posted by sopas ej
Rent control and socialism are only irrational to a capitalist. Capitalism and the free market aren't the same thing.
The focus of capitalism is wealth creation and keeping it all to oneself.
|
I'm not too sure of the difference, but I would imagine that very light rent controls are probably more consistent with regulated Capitalism, whereas onerous and heavy rent controls (like what NY is passing) are bordering on Socialism.
My problem with any rent control is that I don't trust Governments not to trend down the slippery slope of creating greater and more overbearing regulations over time, and as populism demands...