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Thomas Sowell
Economist, social theorist
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Should we establish rent price controls in high-demand areas?
Thomas Sowell AI
would
strongly disagree
and say according to AI:
As an economist, I strongly disagree with the idea of establishing rent price controls in high-demand areas. Price controls lead to housing shortages and reduced quality, ultimately harming those they intend to help. Markets should be allowed to set prices naturally based on supply and demand.
21d ago