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New Attacks on Landlords Will Worsen Housing Crisis in California

New Attacks on Landlords Will Worsen Housing Crisis in California
A “For Rent” sign posted in front of an apartment building in San Francisco, Calif., on June 2, 2021. Justin Sullivan/Getty Images
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Commentary

I don’t get why people don’t understand basic economics. If you reduce supply, the price goes up—one way or another. Either the price goes up directly so you can see it. Or the good or service being reduced goes onto the black market and the price goes up in the shadow economy.

John Seiler
John Seiler
Author
John Seiler is a veteran California opinion writer. Mr. Seiler has written editorials for The Orange County Register for almost 30 years. He is a U.S. Army veteran and former press secretary for California state Sen. John Moorlach. He blogs at JohnSeiler.Substack.com and his email is [email protected]
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