Rent Control and Other Bad Ideas

Join my texting community. 323-594-8781 Start receiving my Morning Mail each day - https://www.stapletonagency.com/jason-stapletons-morning-mail Become a member of the 9 Figure Network - https://www.stapletonagency.com/jasons-9-figure-network +++++ Not content with destroying their small businesses with totalitarian COVID lockdowns, the state of Illinois is now considering repealing laws banning rent control. Rent control advocates claim they want to help the poor. But if you want to get a good idea of who benefits most from rent control policies, just do a cross-reference of the cities with the most "progressive" rent control policies and cities with the highest housing costs in America. It's basically the same list. You might think that landlords will make out like bandits. But it's really only the most wealthy and entrenched landlords who truly benefit. Which typically means the most corporate interests. In a country where so many people complain so much about "the rich getting richer," somehow every policy proposal aimed at addressing wealth inequalities results in the rich getting richer. Seems like a good place to be rich!