Quote:
Originally Posted by Dire Wolf
I'm a big fan of the letting the free market dictate prices and letting property owners have control over their property. If real estate prices are going up at a quick rate, property taxes are going up, etc, then why in the world should a property owner not be able to raise prices on what he is selling (rent) the same way a gas station owner raising prices on gas when oil goes up?
Rent Control just screams big government/communism/socialism to me.
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Rent control can only work if you have inflation control and you can't have that. There is no such thing as a free lunch and someone has to pay when costs go up. Should it be the owner or the renter? Why do people invest to rent? Why do people rent instead of buying? MONEY