If someone owns a building and rents out the apartments, what do you think happens to rents when property taxes increase? Oh, but you have rent control? Ok great you’ve just squeezed the landlord’s profits, so now they have to cut spending, which means cutting maintenance costs so buildings degrade faster. And you’ve made it more expensive to build new housing stock, which means rates go up for new renters, which means effectively you now have new renters - who tend to be younger and more upwardly mobile - subsidizing rents for legacy renters, who tend to be older and less productive over their remaining lives (think NYU student waiting tables while she gets a finance degree vs. a lifetime waitress with three kids out of wedlock who relies on government-subsidized healthcare, housing, and various other forms of social assistance). Guess what that means? Labor costs go up because now entry-level workers need higher salaries to pay their rent. (You’ll accelerate that by raising the minimum wage.) And you simultaneously cook the long-term tax base. So now the cost of living (food, transport, entertainment, childcare) goes up. Which means now you have to pay those people even more. You’ve literally never thought about the second and third order consequences of your policies. Your monkey brains are incapable of thinking beyond “government should make things cheaper for poors by fiat.” There are no free lunches. Everything gets paid for, and when you try to constrain markets from allowing supply and demand to equilibrate, the costs amplify and show up elsewhere. Try to patch those problems with more taxes and subsidies and fairly quickly you find yourself in a death spiral.