A big reason this happens is because…they can do it.
Increase overall housing supply enormously through better zoning laws, and increase affordable housing supply by having ~30% of housing be government-owned at a reasonable cost, and it becomes much less viable to raise rent a bunch.
When my city raised property taxes, rents went up across the board.
A big reason this happens is because…they can do it.
Increase overall housing supply enormously through better zoning laws, and increase affordable housing supply by having ~30% of housing be government-owned at a reasonable cost, and it becomes much less viable to raise rent a bunch.