Friday, August 30, 2024

How To Destroy an Economy—Kamala’s Housing Plan

Political analysis is often pointless, given the utter dishonesty with which politicians spew nonsense, especially during an election year.

In building the narrative of her candidacy, Kamala has made a slew of recent remarks about things like price gouging, the housing shortage, and apartment rents.

Kamala Harris and her team know this.

By their nature, subsidies allow inefficient producers to compete with those who are more efficient.

They know their proposed policies are inflationary, immoral, and historically ignorant.

What follows is a high-level analysis of her proposed solutions, such as they are currently.

The Continued Assault on Private Property—Apartment Rents From the eviction moratorium enacted during the Covid panic to the more recent proposal to cap apartment rent growth at 5% annually, apartment operators are increasingly in the cross hairs of government bureaucrats. 

https://mises.org/mises-wire/how-destroy-economy-kamalas-housing-plan

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