For months, the city of Sacramento has been in the throes of a heated debate over the city’s affordable housing problem, its root cause and potential solutions – highlighted by two workshops arranged by the mayor.

At an initial session held Aug. 14, there was general agreement that the root cause is a lack of supply. There also was consensus about the remedy: Build more units, and faster,through new funding sources and incentives to attract private-sector investment.

What went glaringly unsaid is that the surest way to kill new investment in affordable housing is to impose an artificial rent cap on the market, even a temporary one.

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