Thursday, October 20, 2005

Rent Control

The city in which I live, a Sacramento suburb of about 90,000 residents, wants to enact rent control in mobile home parks. It's a working class city, and there are a couple large and several small such parks within the limits.

I'm no economist, but I know what usually happens when government interferes with the market.

Fortunately, as I said, the city is relatively small. Citizens truly do have a voice with the city council. If such local affairs interest you, free registration will get you the story here.

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