01-11-2019 09:38 via ocregister.com

Rent control law predictably leads to evictions

When the government caps the prices that private companies can charge for goods and services, it leads to unforeseen – and in many cases, foreseen – consequences. Almost all of them are negative.
For instance, Gov. Gavin Newsom recently signed a so-called “anti-rent-gouging” bill that simply is a statewide rent-control measure. The state will soon forbid most landlords from increasing rent prices by more than 5 percent a year plus inflation. The measure als
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