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Rent Control Makes It Harder to Vote with Your Feet

05/03/2017 1:41 PM | Margaret Fulton (Administrator)

Gary M. Galles, p, 

Professor of Economics, Pepperdine

One advantage of a federal system is enabling people ill-treated by one government body to “vote with their feet” toward less abusive jurisdictions. That escape valve is one rationale for reserving some political policy determination for state rather than national government, or to local rather than state government. However, devolving political power to lower level governments does not serve citizens’ rights when it comes to rent control, because rent control paralyzes owners’ ability to escape imposed burdens by voting with their feet.

Read More: https://fee.org/articles/rent-control-makes-it-harder-to-vote-with-your-feet/

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