No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Economy

Does the public favor rent control?

by FeeOnlyNews.com
3 months ago
in Economy
Reading Time: 2 mins read
A A
0
Does the public favor rent control?
Share on FacebookShare on TwitterShare on LInkedIn


Consider the following tweet:

When I moved to Massachusetts in 1982, major cities such as Boston, Cambridge, and Brookline had rent control.  Massachusetts is also one of the most Democratic states in the country.  Today, Massachusetts doesn’t have rent control.  So how did that happen? 

In 1994, Massachusetts had a referendum on rent control, and voters opted to ban it statewide.  This is an almost perfect illustration of why I don’t trust public opinion polls on policy issues.  Polls are useful when it comes to clear issues such as which of two candidates people intend to vote for.  But they are not a good way of ascertaining public opinion on policy issues.  If you looked at the poll results above, you might assume that rent control has been adopted almost everywhere in America, even in highly Republican states.

People answer questions on the basis of whether something “sounds bad”.  Should people be allowed to advocate Nazi ideologies?  Many people will say “no”.  Is it important for American to allow freedom of speech, even for unpopular ideas?  Many people will say “yes”.  So which of the two is the public’s “actual belief”?  I suspect that most Americans would oppose repealing the 1st Amendment to the Constitution.

Imagine an elderly couple living on Social Security who pay $1200/month in rent.  Now the landlord comes along and says that he plans to raise the rent to $2800/month.  That sounds bad.  So when the public is asked whether there should be limits as to how sharply a landlord can raise the rent, they tend to say yes.  But rent control advocates know that this isn’t enough to get them what they want, and actual rent control laws are often much more restrictive than “annual rent increases should not exceed 10%.”

America is a democracy.  Based on poll numbers, you might expect all sorts of public policies that we do not currently see.  I suspect that most people are opposed to gas stations charging $8/gallon for gasoline.  But we do not currently have any laws banning retailers from charging $8/gallon.



Source link

Tags: ControlfavorPublicRent
ShareTweetShare
Previous Post

Mexico’s Banorte warns FX, potential dividend could weigh on full-year results

Next Post

Why 24/7 trading is a bad idea

Related Posts

Seoul And Washington Pen 0 Billion Deal

Seoul And Washington Pen $950 Billion Deal

by FeeOnlyNews.com
October 31, 2025
0

Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance....

Market Talk – October 30, 2025

Market Talk – October 30, 2025

by FeeOnlyNews.com
October 30, 2025
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 17.96 points or 0.04% to...

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

Trump cuts fentanyl tariffs on China to 10% as Beijing delays rare earth curbs

by FeeOnlyNews.com
October 30, 2025
0

BUSAN, SOUTH KOREA - OCTOBER 30: U.S. President Donald Trump (R) speaks with Chinese President Xi Jinping during a bilateral...

Sudan War: Gold, a Key Port, and Two Armies With No Legitimate Claim

Sudan War: Gold, a Key Port, and Two Armies With No Legitimate Claim

by FeeOnlyNews.com
October 30, 2025
0

The Rapid Support Forces (RSF), one of Sudan’s warring parties, have taken over El Fasher, a city in Darfur, western...

ECB October 2025 rate decision

ECB October 2025 rate decision

by FeeOnlyNews.com
October 30, 2025
0

The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday.The central bank...

By All Means, Elect Mamdani and Watch His Socialist Laboratory at Work

By All Means, Elect Mamdani and Watch His Socialist Laboratory at Work

by FeeOnlyNews.com
October 30, 2025
0

Next week, New York City voters almost surely will send self-proclaimed socialist Zohran Mamdani to Gracie Mansion, and he promises...

Next Post
Why 24/7 trading is a bad idea

Why 24/7 trading is a bad idea

These 7 Decisions Could Cost You Medicaid Eligibility

These 7 Decisions Could Cost You Medicaid Eligibility

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
Book Review: Quantitative Risk and Portfolio Management: Theory and Practice

Book Review: Quantitative Risk and Portfolio Management: Theory and Practice

0
*HOT* 12 Chatbooks for just  shipped {Ends Tonight!}

*HOT* 12 Chatbooks for just $12 shipped {Ends Tonight!}

0
Vedanta Q2 Results: Cons profit plunges 59% YoY to Rs 1,798 crore on exceptional loss of Rs 2,067 crore

Vedanta Q2 Results: Cons profit plunges 59% YoY to Rs 1,798 crore on exceptional loss of Rs 2,067 crore

0
Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles

Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles

0
5 Undervalued Stocks Under  Poised for Double-Digit Rebounds

5 Undervalued Stocks Under $10 Poised for Double-Digit Rebounds

0
Ameriprise Q3 earnings rise despite RIA losses

Ameriprise Q3 earnings rise despite RIA losses

0
*HOT* 12 Chatbooks for just  shipped {Ends Tonight!}

*HOT* 12 Chatbooks for just $12 shipped {Ends Tonight!}

October 31, 2025
5 Undervalued Stocks Under  Poised for Double-Digit Rebounds

5 Undervalued Stocks Under $10 Poised for Double-Digit Rebounds

October 31, 2025
Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles

Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles

October 31, 2025
Companies are trying to do too much with AI, says IT CEO

Companies are trying to do too much with AI, says IT CEO

October 31, 2025
China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen

China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen

October 31, 2025
Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!

Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!

October 31, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • *HOT* 12 Chatbooks for just $12 shipped {Ends Tonight!}
  • 5 Undervalued Stocks Under $10 Poised for Double-Digit Rebounds
  • Cambridge’s PACT raises €17.2M to scale its collagen-based alternative to plastic textiles
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.