Graham Stephan
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Appearances Over Time
Podcast Appearances
NGOs are everywhere.
I think, you know, my personal guess is we're losing 30% of our money to waste, fraud, and abuse.
Rent control.
Right.
Rent control has never worked.
In fact, there was a I think he was a German economist once said the fastest way to destroy a city other than bombing it is rent control.
Why is that?
because you stop investments, you have no movement.
You have a family move into a three bedroom, the kids move out, they don't leave.
Then you have people coming up that can't get housing.
Look at New York City.
New York City's estimate has the largest rent control by quantity.
And like 20% of their units never get repaired because it's not economical to do it.
So it just deteriorates.
Yeah, if you're in the wrong part of town.
L.A.
County is probably one of the only counties in the country, if you gave me a house, I would sell it immediately.
There's no way.
It's communism.
again, LA County is the most obvious one you should avoid with the 10 foot pole.