“Rent control is normally used in locations that experience rental rates much higher than market rate,” [Imperial Beach city manager Andy] Hall added. “That is not to say the City Council may not try to look at some method of rent control, it just may be very challenging until rents rise above market value which is something we need to carefully monitor.”
Economics is hard
San Diego Reader:
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I talk a lot about inflation. But today was the first time in my life I actually used a dollar bill as toilet paper.