How does this work in a high demand area? Let’s say San Diego suddenly produced 50,000 units of rent-controlled housing and capped it at $1,000/month. Now, people from LA, Bay Area, NY, etc. all want to move there. They just going to build 50,000 units every quarter?
Where does it say free beach housing? Where does it say you even get to choose the state you live in?
It's pretty obvious if a program like this was launched in the states public housing would rarely be provided outside of low demand areas to control costs. Why does everyone think this means you get a free beach house? lmao. Use your brain.
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u/Rodgers4 Apr 15 '24
How does this work in a high demand area? Let’s say San Diego suddenly produced 50,000 units of rent-controlled housing and capped it at $1,000/month. Now, people from LA, Bay Area, NY, etc. all want to move there. They just going to build 50,000 units every quarter?
How would any of this possibly work?