A record number of Americans can't afford their rent. Lawmakers are scrambling to help
apnews.com
A new Harvard University study found that half of U.S. renters are paying nearly a third of their income on rent.
    • NateNate60@lemmy.world
      11·
      10 months ago

      What doesn’t work (but inevitably will be tried):

      • Asking nicely (lol)
      • Subsidising rent (landlords will raise rents to compensate for subsidy)
      • Rent caps and rent control (artificial price ceiling creates shortfall in market, leaving people still without adequate housing or on long waiting lists, or landlords will find bullshit reasons to evict tenants and raise rents)

      What does work:

      • Building more fucking housing