stevenmarkryan
@stevenmarkryan · Jul 17, 2024
Rent controls are the absolute WORST idea and create the exact OPPOSITE effect they seek to have.
This is not my opinion.
We have more than a CENTURY of data to back this up globally.
Small brain thinking ignores second and third-order consequences.
Elon Musk@elonmusk· Jul 17, 2024@paulg Manner layers of madness here:
National rent control will just stop builders from making new housing units.
Then he also misreads the teleprompter.
And forgets that his own policy is 5%.
Elon Musk
@elonmusk
💯
04:26 AM · July 17, 2024 · 51.9K views
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