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Interesting op ed by Neale Mahoney and Bharat Ramamurti advocating for temporary price controls
As always, the challenge is how to credibly make these price controls genuinely short term
Rent stabilization in NYC was meant to be an emergency short term measure, now decades old


18 hours ago
New NYT piece on price/rent controls from @nealemahoney @BharatRamamurti suggests a middle ground of careful use.

Moreover, if you condition lifting the price control in seeing supply improvements, the political economy can easily go the other way.
People now block the supply expansion so as not to lose the price supports.
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