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Rent Cap DISASTER: Washington's New Law GUARANTEES Higher Rents | Taxpayer Money WASTED
Manage episode 482235963 series 2792715
Content provided by Sean Reynolds. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Reynolds or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Once again, politicians 'solve' a housing crisis by making it worse. Washington State's new rent control bill promises relief while guaranteeing skyrocketing costs and 7,000 fewer housing units over the next decade. Governor Ferguson just signed legislation capping rent increases at 7% (plus inflation) or 10% - whichever is lower - but completely ignored the real issue: supply shortages. Now developers have even less incentive to build in a state already drowning in regulations, while property values will drop by $1.1 BILLION and maintenance spending will decrease by $16 million annually. Is anyone surprised that the three states with rent control (Washington, Oregon, California) also have the highest rents in the country? Why do politicians keep implementing policies that economic data clearly shows will backfire?
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Manage episode 482235963 series 2792715
Content provided by Sean Reynolds. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sean Reynolds or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Once again, politicians 'solve' a housing crisis by making it worse. Washington State's new rent control bill promises relief while guaranteeing skyrocketing costs and 7,000 fewer housing units over the next decade. Governor Ferguson just signed legislation capping rent increases at 7% (plus inflation) or 10% - whichever is lower - but completely ignored the real issue: supply shortages. Now developers have even less incentive to build in a state already drowning in regulations, while property values will drop by $1.1 BILLION and maintenance spending will decrease by $16 million annually. Is anyone surprised that the three states with rent control (Washington, Oregon, California) also have the highest rents in the country? Why do politicians keep implementing policies that economic data clearly shows will backfire?
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Similar to News For Reasonable People
Scheer Intelligence features thoughtful and provocative conversations with "American Originals" -- people who, through a lifetime of engagement with political issues, offer unique and often surprising perspectives on the day's most important issues.
…
continue reading
America is divided, and it always has been. We're going back to the moment when that split turned into war. This is Uncivil: Gimlet Media's new history podcast, hosted by journalists Jack Hitt and Chenjerai Kumanyika. We ransack the official version of the Civil War, and take on the history you grew up with. We bring you untold stories about covert operations, corruption, resistance, mutiny, counterfeiting, antebellum drones, and so much more. And we connect these forgotten struggles to the ...
…
continue reading
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…
continue reading
End of Western Civilization got you down? All is tickety-boo on The Andrew Klavan Show as Andrew laughs his way through Armageddon with political satire, cultural commentary, interviews and relentless mockery of racial pieties, sexual perversities, and feminist absurdities. Fridays at 8:30pm ET | 5:30pm PT.
…
continue reading
No Spin. Just Facts. Always looking out for you. Head to BillOReilly.com for more analysis.
…
continue reading
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…
continue reading
The UK Column is an independent news organisation analysing the information war. Operating without financial backing or external investment, we remain free from advertisers, foundations, and political parties, relying solely on support from our audience through memberships and donations.
…
continue reading
Home to the Spectator's best podcasts on everything from politics to religion, literature to food and drink, and more. A new podcast every day from writers worth listening to. Hosted on Acast. See acast.com/privacy for more information.
…
continue reading
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Storytelling, insight and compelling perspective on American culture and politics. Glenn Beck's quick wit, candid opinions and engaging personality have made this one of the most popular radio programs in America. Watch The Glenn Beck Radio Program, Monday through Friday, 9am - 12pm ET on BlazeTV. www.BlazeTV.com/Glenn
…
continue reading
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