new york city has rent controls in various neighborhoods. new york city has a shortage of housing. you've proven my point: price ceilings cause shortages. sophistry: > the only people who do not gain from this are homeowners- and that's who is tricking you into thinking price ceilings are bad because their value speculation increases from a lack of ceilings. it's also causing three entire generations to give up on home-ownership. homeowners are not "tricking" people into thinking price ceilings are bad. homeowners are not driving value speculation because homeowners seek the utility value of a home. people are giving up on home ownership because there is a housing shortage. it's evident to me that you're being a troll here. i can't believe that anyone can sincerely be as ignorant as you portray yourself.
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