George Gammon
@georgegammon·577K subscribers·959 videos
How Rent Control Destroys A City AND Hurts Renters!
Posted
October 23, 2019
Views
2,830
Likes
139
Comments
11
Engagement
5.30%
October 23, 2019
2,830
139
11
5.30%
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11:53Now PlayingI discuss the RENT CONTROL DEBATE giving you specific details, facts, and arguments you've NEVER heard. This video displays perfectly how RENT CONTROL destroys a city and is bad for renters. It's what the politicians don't want you to know!
Most would be shocked to realize the topic of rent control is rarely debated among top economists. It's universally known to make every problem worse for the renter and the landlord. So why is it so popular among low information voters? Because it's an easy way for politicians to buy votes, plain and simple.
Not only do I outline arguments against rent control but I also refute the top arguments for rent control. Here are just some of the reasons it's such a bad idea.
1. Restricts supply
2. RAISES rents
3. Pushes low income renters out
4. Provides welfare for the RICH
5. Deterioration of properties and neighborhoods
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#rentcontrol #HurtsRenters #BadForCities
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