Dan Bongino

Here's another one, rent control.

Sounds great in theory.

We got to control the rents.

Price controls don't work.

I don't care who does them, period.

They don't work.

They lead to increased demand for a product, decreased supply, black markets and quality problems every single time.

So they've been doing rent control in New York for years.

My grandmother, God rest her soul, was in a rent control department.

That's just the truth because it's a New York policy.

We lost her years ago, but median rent in Manhattan's hit $5,000 a month for the first time ever.

Unusual whales on X. I thought they were controlling the rent.

You can't control a price in a free market, folks.

The free market dictates the price.

If you tell everyone we're going to price control Corvettes and make them $30,000, there's going to be a rush to the dealership to buy a $100,000 Corvette for $30,000.

Increased demand.

There's going to be decreased supply.

Why?

Because they're not going to make any more Corvettes.

They're not going to lose $70,000 per car to make you a car because there's price controls.