Gongol.com Archives: March 2019
Claiming territory in heavily-trafficked international waters makes for a big issue
A writer argues in a Chicago Tribune op-ed that "Rent control can increase supply". This is utterly untrue: Effective price ceilings cause shortages, by their very definition. If the price ceiling isn't below the market rate, then it isn't "rent control". If the price ceiling is below the market rate, then by definition there will be a shortage of supply.
Sam Zell: "I like doing deals with the same people. You get to know each other and build a mutual sense of trust."