Duvall Gunslinger 
Member since Apr 10, 2019


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Re: “San Francisco senator talks controversial SB 50 at SLO housing summit

It's rare for me to agree with a Democrat but in this case I do. In any free market economy supply and demand rule. If supply is low and demand is high then prices are high. Likewise if there is little demand for something that there is a large supply of then the price will be low.

The way to lower housing costs in a free market is to either increase the supply or lower the demand. The only way to lower the demand is to lower the population and you don't want to go there. The population in California is going to continue to increase. zero population growth is a utopian myth and can only be achieved through forced sterilization and policies of euthanasia, and of course shutting down immigration from other countries. So, given that we cannot reduce demand we must increase supply. One of the reasons housing costs are so high in califormia is because governments have worked hard to limit the supply while the population continued to grow.

Rent control doesn't really solve the problem and in fact would probably make things worse for most people. First, allowing central government control over one of the core tenets of a free market, supply and demand, would in effect destroy the free market and the promise of economic freedom for all Americans. Without economic freedom you are not free and are nothing more than subjects of the state. Second, it's just plain wrong to tell someone what they can charge for something. It's like telling someone they can't ask more than some arbitrary wage. All the liberals chant about the minimum wage but how many would support "wage control", a maximum wage? Imagine the outcry if Sacramento tried to enact a law that capped wages at $100 an hour. I'm sure a lot of the communists in California would support it but I think the large majority of Californians would oppose a maximum wage. How about a tax control? Wouldn't it be great if there were an absolute cap on how much taxes you could be forced to pay and the government was barred from enacting laws that would tax the people too much?

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Posted by Duvall Gunslinger on 04/10/2019 at 8:37 AM

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