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this post was submitted on 04 Nov 2023
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A Boring Dystopia
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Rent control does not create new housing either. The reason economists basically all say rent control is bad policy is because it drastically reduces the amount of housing that gets built.
If you want more housing, make it legal and easy to build new housing like Japan did. Tokyo is the most populous city in the world, and yet it's remarkably affordable because it's very easy and streamlined to build new housing.
https://www.nytimes.com/2023/09/11/opinion/editorials/tokyo-housing.html
Also, you appear to have a very uninformed view of who economists are and what they value. Economists, like all other social scientists, are academics and scientists. Believe it or not, economists are not a cabal of landlords wanting prices to go up; just about every economist will tell you the dangers of inflation and rent-seeking. You might be surprised to learn the surveyed beliefs of economists:
Further, the largest-ever survey on economists' views on the climate show an overwhelming economic consensus on climate change:
Believing economists at large to be just a cabal of greedy capitalists is just as anti-intellectual as MAGA people believing climate scientists to be a cabal of Soros- and Gore-funded fraudsters.
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