I don't think anyone (besides maybe anti-capitalists) is saying rent control (as we have it here) alone is the solution to our housing crisis.
We've had "rent control" here for decades and we've never built more rental housing recently since the early 80s. Rents in the 70s were being jacked up between 10-20% before controls were put in place. Pretty sure this table is 95% accurate:
2023: 2.0%
2022: 1.5%
2021: 0%
2020: 0%
2019: 2.5%
2018: 4.0%
2017: 3.7%
2016: 2.9%
2015: 2.5%
2014: 2.2%
2013: 3.8%
2012: 4.3%
2011: 2.3%
2010: 3.2%
2009: 3.7%
2008: 3.7%
2007: 4.0%
2006: 4.0%
2005: 3.8%
2004: 4.6%
1984-1994: no rent control
1980-83: 10%
1977-79: 7%
1975-76: 11%
1974: 8.0%
1973: 9.0%
Last edited by GenWhy?; Sep 8, 2022 at 5:01 PM.
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