In recent years, state and local governments have allocated several billion dollars to encourage subsidized affordable housing, only to see California’s homeless ranks swell. All this has opened the door for rent control.

In recent years, state and local governments have allocated several billion dollars to encourage subsidized affordable housing, only to see California’s homeless ranks swell. All this has opened the door for rent control. https://t.co/gMLp9f5XZf pic.twitter.com/241TAWtf5x

— DealBook (@dealbook) September 11, 2019