Post Reply  Post Thread 

rent Index

Author Message
Junior Member

Posts: 39
Words count: 4,160
Group: Basic
Joined: Apr2020
Status: Offline
Reputation: 1
Experience: 173
Glory Points: 155
Medals: 4

Post: #1
rent Index

(This applies to my stated Novgorod II)
There was this one task called rent index that gave me 3 options. Here they are summarized.
1. deregulate rent control tenant system
2. Keep it the same
3. Add stricter rent control.

I went with option one since I knew from research that rent controls reduce long term affordability and reduce investment in housing. However, ever since implementing that decision in one in game year (4 quarters) my inflation has been high. Now, I know my housing prices can't continue jumping up like this forever, but I am wondering at what point the housing prices will stop rising since I took this decision to increase long term affordability. For your information, for every quarter since my inflation was 4.65%, 1.3%, 1.4% and 4.15%, while my gdp growth was 2.63%, .4%, .73%, and 2.56% respectively. Do you think the housing prices will continue to increase for a while and that was a bad decision or I just need to wait the inflation out?

This post was last modified: 09.10.2020 02:56 by velazquez.

09.10.2020 02:53
Find all posts by this user Quote this message in a reply

Posts: 3,225
Words count: 449,512
Group: Super Moderators
Joined: Nov2011
Status: Offline
Reputation: 221
Experience: 185232
Glory Points: 3847
Medals: 104

Post: #2
RE: rent Index

Most tasks have short-term effects. You can wait this out.

10.10.2020 06:19
Find all posts by this user Quote this message in a reply
Post Reply  Post Thread 

View a Printable Version
Send this Thread to a Friend
Subscribe to this Thread | Add Thread to Favorites

Forum Jump: