tag:blogger.com,1999:blog-4907680319221521294.post3063410497020238024..comments2023-08-23T06:08:28.722-07:00Comments on Seattle Real Estate Investor: Seattle Rent ControlWendy Ceccherellihttp://www.blogger.com/profile/04070013254521534402noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4907680319221521294.post-1663122160986820062015-10-08T11:42:15.815-07:002015-10-08T11:42:15.815-07:00Nick Licata and Kshama Sawant are simply wrong abo...Nick Licata and Kshama Sawant are simply wrong about a housing boom happening under New York's strict rent control. New housing was EXEMPT from rent controls exactly because politicians feared that building would be stunted. This isn't evidence for rent control, but evidence AGAINST it. Licata then cites SF and says that high rents there are because 'stabilisation was eroded' (read: new housing was exempted). The guy should make up his mind! Either you have the EXEMPTION and have new supply or you don't have the exemption and have no 'erosion' but then hardly any new buildings and a major social catastrophe.Anonymousnoreply@blogger.com