Driving owners of rental housing out of business is no solution to the housing shortage ...Middle East

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When restrictions on landlords raising the rent enacted during the COVID pandemic are scheduled to be lifted, rent-control groups claim the result will be “catastrophic” for tenants. Odd, isn’t it, how they never consider the other side of that coin? Because in the city of Los Angeles, in a time of high inflation, it’s certainly catastrophic for people who make their living creating housing and renting it out not to be able to grow the income their businesses make because of emergency regulations first adopted years ago to cover a public health emergency that no longer exists. It’s been over three years since housing providers have been able to adjust what they charge. Imagine if such a re

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Driving owners of rental housing out of business is no solution to the housing shortage ...Middle East

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