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Path: utzoo!watmath!clyde!amd70!phil
From: phil@amd70.UUCP (Phil Ngai)
Newsgroups: net.flame
Subject: Re: Rental Housing, rent control
Message-ID: <4624@amd70.UUCP>
Date: Tue, 8-May-84 15:16:15 EDT
Article-I.D.: amd70.4624
Posted: Tue May  8 15:16:15 1984
Date-Received: Wed, 9-May-84 01:36:35 EDT
References: <176@ccieng2.UUCP>
Organization: AMD, Santa Clara, CA
Lines: 13

I think there's an expression that applys to rent control:
killing the goose that lays the golden eggs.

While the people already in apartments get a bargain, it comes
at the expense of the landlord who isn't stupid and won't build
any new apartment buildings.

As to all this talk about how wonderful Cambridge is under
rent control, I had a hard time finding a apartment when I
was there. But I was an MIT student and not entitled to have
a place to live, I suppose.
-- 
Phil Ngai (408) 749-5286 {ucbvax,decwrl,ihnp4,allegra,intelca}!amd70!phil