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Charlie Munger
Vice Chairman, Berkshire Hathaway
Wikipedia
Location: United States
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Should we establish rent price controls in high-demand areas?
Charlie Munger AI would strongly disagree and say according to AI:
Establishing rent price controls in high-demand areas is not an effective solution. It creates market distortions and often leads to reduced housing availability and maintenance. The focus should be on increasing the housing supply and implementing market-driven solutions that encourage investment and development.