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Spain to Abolish Rent Controls; 20,000 Small Businesses May Close; Good Thing?


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2014 Dec 19, 4:57am   745 views  2 comments

by Mish   ➕follow (3)   💰tip   ignore  

Spain to Abolish Rent Controls; 20,000 Small Businesses May Close; Good Thing or Not?
http://globaleconomicanalysis.blogspot.com/2014/12/spain-to-abolish-rent-controls-20000.html
Mish

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1   Peter P   2014 Dec 19, 4:59am  

They will make way for businesses that can turn a profit even at market rent. Bravo!

2   Shaman   2014 Dec 19, 5:04am  

Yes! All those small businesses were creating jobs that they certainly do not need!

That money rightly belongs in the pockets of the landholding aristocracy.
This will fix everything!

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