@ErikMcCurd5dzr@TheMaineWonk Haha you believing this fake news shows your inability of rational thinking. Take your TDS meds and join us back in reality.
They're not freezing your rent, they're freezing your housing providers' income, while their expenses keep increasing.
The point isn't to make your housing affordable, it's to make providing housing financially inviable, so government(s) can seize the unmanageable properties.
Our lack of financial literacy is going to destroy us.
https://t.co/Eix9fVp1BK
In 2020, Argentina tried rent control:
🔴Rental prices soared by over 140%
🔴Rental availabilities dropped 45%
In 2023, President Milei repealed it:
🟢Rental prices went down by 40%
🟢Rental availabilities soared 212%
Mamdani voters in New York City are about to learn a valuable economics lesson