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Old 08-28-2019, 10:56 AM
Deeg is offline
Join Date: Jun 2008
Posts: 3,647
Originally Posted by DrDeth View Post
Yes, it is well known that economists dont like price controls. And rent controls could well be considered a type of price control. But of course supply and demand doesnt apply to something like housing, even with no government rules, it takes a year or more to build new housing.

However, with many economists, they arent specialists in urban planning. Would you go to Michael W. Young, Nobel laureate in medicine for your heart condition? Just like Linus Pauling, one of the great minds- who went out of his specialty with Vitamin C.
So then why ask for a direct quote from Krugman if you're going to ignore it anyway? Just state up front that you don't care what economists say.