As any economist can tell Mayor Wu, rent control never works

Source: Jeff Jacoby
Published: Jan 31, 2023
Author: Jeff Jacoby
Post Date: 2023-01-31 18:14:19 by Charles_Byrd
Views: 204

IN NOVEMBER 2021, voters in St. Paul, Minn., approved a strict new rent control measure that imposed a 3 percent annual ceiling on allowable rent hikes. Opponents warned that the new law would prove to be a disaster.

It did.

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