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If I wanted to destroy a city as fast as possible, I’d freeze the rent > Discourages new investment > Encourages housing overconsumption. A single lucky individual can now afford a 2 or 3 bedroom, others get shafted. > Landlords are incentivized to turn rental units into condos > Disinvestment & deterioration of rental units A terrible policy, and in 2026 we already know this(David Hoffman)