California voters have the evidence before them. They can head down a path of scarcity and misery. Or they can let the market work.
President of Argentina Javier Milei delivers speech at the Annual Meeting of World Economic Forum in Davos, Switzerland, Wednesday, Jan. 17, 2024. The annual meeting of the World Economic Forum is taking place in Davos from Jan. 15 until Jan. 19, 2024.SACRAMENTO – It should go without saying, but the United States became the world’s most-prosperous large nation by generally allowing the market economy to work.
The way to fix California’s toughest housing markets is to remove – not increase – rent control. Argentina’s experiment confirms that conclusion.one of the world’s “strictest” rent-control laws. Per its report: “The Argentine capital is undergoing a rental-market boom. Landlords are rushing to put their properties back on the market, with Buenos Aires rental supplies increasing by over 170 percent.
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