More Evidence of Government Failure

The Antiplanner is fully aware that government doesn’t work, but I wish that politicians would stop trying to prove it. First, the Portland city council has decided to make permanent a temporary rule that requires landlords to pay moving costs of up to $4,500 for any tenants they evict without cause or whose rents they raise by more than 10 percent. Portland housing costs have been rising at faster than 10 percent per year for the past several years. this is supposed to control that rise.

Instead, what it will do will discourage anyone from renting a house or building apartments for rent. This will only make costs rise faster than before.

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