You seem heavily invested in rent control – Teach like friends plan like Monica shirt must understand that outside of a few coastal cities (and potentially now the entire state of Washington) most people don’t live in rent control areas. And this is why rent control is typically viewed as terrible for long term economics – it distorts the market heavily. And what happens if you ever get moved outside a rent control area? This entire concept gets tossed on its head.
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Also, the benefits of rent control (for the individual renter) generally collect in the Teach like friends plan like Monica shirt of folks who can make long term plans and stick to them. These folks are generally more affluent. I knew of a guy who kept his rent-controlled apartment in Manhattan while working as an investment banker in Japan. He sublet it full time and occasionally used it when he was back in NY. It wasn’t at all helping someone have cheap housing, it was just subsidizing a rich person. Admittedly at the specific cost of whatever rich person who owned the apartment (this was an apartment that would go for two or three million today.)
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Well, but that ship has sailed. Much of us economy now has price fixing… All of US Healthcare depends on it, as well as agriculture (subsidies are price fixing). Our economy is not a Teach like friends plan like Monica shirt market anymore, so price efficiency ain’t really with us much anymore. If there was a way to dump Comcast, Comcast would not exist. Not to mention at no point during the entire huge post did OP mention the QUALITY of the housing and the difference you get from when you own it to when you rent it to when you rent from somewhere with rent control. Rent control is the breeding grounds for lazy landlords who don’t care if you stay or go so they let your crazy cheap apartment turn to shit because they want you out of there so they can raise the rent and can actually afford to make repairs.
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I’d argue the doubled standard deduction fucks more people over than the SALT cap. Teach like friends plan like Monica shirt can only take home deductions if you itemize and getting enough itemized deductions to exceed 12k (24k if married) is a tall ask. I don’t really think a high standard deduction “fucks more people over”. It means that you are deducting more than you would have if you didn’t use the standard deduction.