The major cities of the world have been facing housing problems for years. With the increase of immigrants and of people experiencing homelessness, the discussion about housing regulation has intensified.The West, once a bastion of ideas of freedom and free markets, continues to harbor central planners whose delusions of omnipotence are paid for by the misfortune of ordinary people as the regulation attempts of these planners fail because such rental laws were not implemented “well enough.”It is not difficult to become familiar with these cases as they may possibly be part of one’s own personal experience when renting a house or an apartment. Stepping back a bit, we find large cities full of vacant housing units and people in deplorable conditions. The universal laws of supply and demand
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