(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?
rent Index |
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velazquez Junior Member  
Posts: 33 Words count: -61 Group: Basic Joined: Apr2020 Status: Offline Reputation: 1 Experience: 109 Glory Points: 0 Medals: 0 Novgorod II Ostland |
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| 09.10.2020 02:53 |
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MrProper 天皇 
Posts: 3,222 Words count: 405,306 Group: Super Moderators Joined: Nov2011 Status: Offline Reputation: 221 Experience: 185007 Glory Points: 3842 Medals: 104 Hammerfest Chicago Galbadia |
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| 10.10.2020 06:19 |
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