7 comments on “Interesting thesis Polly

  1. “Have these people lost their minds?”

    In order to do that, they would need to have minds in the first place.

  2. Rent Controls – the most efficient technique presently known to destroy a city—except for carpet bombing.

  3. @Edward Lud
    The paper suggests that second generation rent controls (which allow for rent increases and maintenance costs etc) might be optimal in non perfectly competitive markets. But then agrees that the political economy of even second gen rent controls might not be good. (just because it could be good in theory doesnt mean it is in practice good).

    Here’s a fairly standard view of rent controls eventually published in the EJ in 2000;

    http://www.arts.cornell.edu/econ/CAE/rentcontrol.pdf

  4. Well, to be fair, if you’re going to have land controls, you probably also need rent controls. Just to make sure your intention of denying the bulk of the population a decent place to live is thoroughly achieved.

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