@newbAnarchist@PeteCourcy@sigmahamster2 If by "made up", you mean subjects assembled, and thought up over thousands of hours, by many of the brightest minds in human history, using robust research, then yeah. 100%.
@jngo_alt@SkinkkQ But you did make the claim that their interpretation of economics is capitalistic in nature. To that end, it is on you to back up that particular claim.
@jngo_alt@SkinkkQ What you're doing is also lazy, and doesn't help with supporting your claim.
I see this all the time, and it's infuriating. Back up your claims! Don't just tell people to look it up themselves. That doesn't work!
@y47wb8r74j@benbackupbackup Simple. The people who already live there won't want to leave, and the people who don't, will want those apartments more than others.
Why? The rents are cheaper! It's that simple!
People will *always* act rationally, and therefore, always go for the cheaper option.
@y47wb8r74j@benbackupbackup demand for non rent frozen units will increase dramatically. This will, ironically, force rents to be increased as a means of compensation.
All this is to say, the only beneficiaries here are those who's preexisting rents have been frozen. Everybody else is worse off.
@y47wb8r74j@benbackupbackup Even if demand actually was infinite, a two year rent freeze still puts a massive strain on the rest of the housing supply in New York. Since the demand for housing overall is unchanged, and rent frozen units will likely not be available, or at least difficult to acquire-
@LovelyLaurenOG@2ndworldmusic The Internet's like that sometimes. That's why it's important to always take these sorts of things with a grain of salt. Often, it's not worth losing your hair over.
@ThaShogun12@RamtinKeramati@nytimes That happens, in this case, after the government steps in, and impliments these rent controls. Again, by limiting the supply.
So, in this case, the blame lies on the government for instituting a burden on the market.