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A possible metric is limiting competition by keeping existing (likely paid for by hotels and others interested in high lodging/housing costs) barriers to competition in place.

Another possible metric is comparing the benefit to some versus the benefits to others.

The need for rent control at all, as well as the surely depressingly long lines for any waiting list / lottery for rent controlled units, points to a market that has already failed to serve the needs of the community.

Compounding that, the fact that AirBnB or any similar offering is able to so successfully compete with hotels in the area signals that one or more aspects of the hotels is dramatically out of alignment with what the competition that is being eliminated can offer. It /may/ be price, but factored in to that should be the security and piece of mind that a more established name brand and reputation has; possibly the hotels (like Taxis) are doing a poor job upholding a quality brand name, or those that do charge far more than they should if competition were actually a factor for them.



Thanks for the thoughtful response.

Still, it'd be nice of one of the many people who downvoted my comment in the past few minutes can explain why I wasn't "allowed" to ask that question.




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