>a builder will not build at a loss or an imminent threat to their rental income from expansion of rent freezes.
A builder isn't a land owner. They make contracts, negotiate a price, and build to that price. They're dealing with a government, so there's more money in the bank to spend if the government is truly focused on solving an issue.
A city with an expanding rent-freeze is not inviting new supply.
>A city with an expanding rent-freeze is not inviting new supply.
Okay, cool. I honestly don't want an atchitect who can't think 5 years on advance (when these rent control proposals are scheduled to end, should they be enacted). That short term quarterly thinking is precisely why we have been unable to build housing.
A builder isn't a land owner. They make contracts, negotiate a price, and build to that price. They're dealing with a government, so there's more money in the bank to spend if the government is truly focused on solving an issue.
A city with an expanding rent-freeze is not inviting new supply.
>A city with an expanding rent-freeze is not inviting new supply.
Okay, cool. I honestly don't want an atchitect who can't think 5 years on advance (when these rent control proposals are scheduled to end, should they be enacted). That short term quarterly thinking is precisely why we have been unable to build housing.