by Steve Wishnia
What would happen if New York State repealed its rent-regulation laws?
New York Times Magazine economics columnist and NPR Planet Money co-founder Adam Davidson thinks it might be a good idea. . . . Most people who live in rent stabilized apartments are above the poverty level, he says, and the poor could be protected more efficiently by giving them housing subsidies.
These arguments, which are common among critics of rent controls, are utterly clueless about New York City's housing realities.
Click here for the rest of the article:
What would happen if New York State repealed its rent-regulation laws?
New York Times Magazine economics columnist and NPR Planet Money co-founder Adam Davidson thinks it might be a good idea. . . . Most people who live in rent stabilized apartments are above the poverty level, he says, and the poor could be protected more efficiently by giving them housing subsidies.
These arguments, which are common among critics of rent controls, are utterly clueless about New York City's housing realities.
Click here for the rest of the article: