Argentina kills rent controls: Supply increases, cost to rent drops. Commies shocked.
(capx.co)
🏆 - WINNING - 🇦🇷
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ReNt cOnTrOlS jUsT wERe nOT iMplEmEntEd cOrReCtLy
We'Ve nEvEr tRieD TrUe rEnT CoNTrOl 😂
Hahaha yeah, real rent controls have never been tried!
Now do the same with the minimum wage and watch the quality of life go up, cost go down. Good Lord the left are so stupid.
Just to clear thing up here. The top leadership of the left is smart and very evil, while the normie plebian leftists are just retarded beyond belief.
I think a lot of people have an emotional block to learning about real economics and they are also not exposed to it unless they go out of their way. I've personally seen switches go off in people's heads when they hear Austrian economics simply explained.
careful, that switch going offf might be a stroke in todays vaxxed world.
I first heard of rent control because sitcoms were often accused of operating on it.
Friends was a common target--their places were far too big for the money the characters were making.
In fact, TV Tropes named a trope for it.
Commies BAFFLED!
rent control is a measure put in place to guarnatee their rich buddy land lords who have thousands of properties can charge more
good article. there is an error in it though.
"As a result, the average rent for a two bedroom apartment in Buenos Aires has surged from 18,000 pesos per month at the end of 2019 to 334,000 pesos today, far above the 210,000 pesos if prices had merely tracked broader inflation, as used to happen."
these three numbers cant all be right. there is a decimal out of place
i have emailed the editor to correct it.
I don't know if it's much use tracking hyper inflation. Local markets are too varied.
Argentina has had devastating inflation of up to 200% per year. That explains the huge growth in all peso nominated prices. But rents went up even more.
Surprise - free markets work. Unfortunately, we haven't had a true free market in the US for many generations.
Those weren't real rent controls.
Ohhhhh New Yoooooorkkkkkk!!
Guess who needs to be doing things to force some people to stop doing something or otherrrrr?
Aussie news pumping out how bad the protests are there against mil. No doubt a handful of paid soros ngos
More winning.
Fuck, I just realized I missed a headline opportunity to say "Takes chainsaw to rent controls"
DAMMIT!
Doesn't New York, Chicago and Los Angelos have Rent Controls? 'mangine that of what could occur!!!! WOWZA...🧨🧨🧨🧨🧨🧨🧨🧨🧨🧨🧨🧨🧨
There is going to be some brown stuff in all kinds of shorts from here on out in MAJOR LIB CITIES...just sayin'''!!!!!
Surprised commie pi(n)k(o)achu faces!
⛓️🪚
How does this compare to say, that dude who pulled out of Haley?
Never heard of this wonder if that's happening where I live. A 3 br house back in like 2009-2011 the rent was like 700$ a month for said house. I rented a studio apartment for 300 a month. A 3 br slowly crept up to 800-900$ a month around 2015-2019. Then all of a sudden the California exodus happen, they started buying up properties here. Now rent for same 3 br is 1800$+ a month. Top employer in said Town is Walmart, madness.
Nobody wants to live in commiefornia.
Hey I get it but it's not the Patriots moving from Cali to AZ and it's not the rich demoncrats either.
Let's be real, lifting rent control will impact renters negatively. But being double real, the market will correct itself.