Study finds no rent premium
9m
Berlin’s debate over socializing large housing companies intensified as a study found no rent premium linked to large private landlords, while conservatives sought to block expropriations.
Markets only work well if:
-buyers & sellers have roughly equal power
-producers respond to price signals & expand supply in response to scarcity
-buyers can walk away if prices get too high
Govt minister Jonathan Reynolds: "No economist supports rent controls"
There you have it. Are you a young person trapped paying exorbitant rent? The Labour govt says f**k you.