LETTER: An alternative to bombing
Esteemed Swedish economist Assar Lindbeck wrote, “In many cases, rent control appears to be the most efficient technique presently known to destroy a city — except for bombing.” Mr. Assar is absolutely right.
Rep. Steven Horsford’s re-election campaign recently released a television ad in which a seemingly ordinary citizen states that John Lee, former mayor of North Las Vegas and Rep. Horsford’s political opponent, voted against or failed to approve “rent capping.” Is “rent capping” a political euphemism for “rent control?” I think so.
I am delighted to hear that Mr. Lee may understand that rent control will destroy a city.