• halcyoncmdr@lemmy.world
    link
    fedilink
    English
    arrow-up
    13
    arrow-down
    1
    ·
    25 days ago

    Demand goes up, so do prices. Supply and demand at work.

    Regulation to prevent exploitation? Nah. This is America.

    • Anticorp@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      24 days ago

      L.A. actually has a lot of rent controlled apartments. My friend lives in a nice apartment in West Hollywood and his rent is $1,100 per month.

        • Anticorp@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          24 days ago

          I doubt you live in West Hollywood, and if you do, then you bought a long time ago. $1,100 per month in WeHo is a great deal. A similar apartment without rent control would cost $5,500 per month.

            • Anticorp@lemmy.world
              link
              fedilink
              English
              arrow-up
              2
              ·
              24 days ago

              I don’t live there, but it’s no different than any other major city in the world, except that they have a decent amount of rent control. Cities are super expensive to live in.