How is Rent Determined Anyways?

Bernie is at it again. This time he thinks the government needs to ensure that everyone has a two bedroom apartment.

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Original Video:

My Video on the 2008 Financial Crisis:

My Video about Minimum Wage:

Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

HARASSMENT NOTICE
It is not my intention to cause the original video creator to receive any kind of harassment or abuse. It is my intention to provide a counter argument to the claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse.

Academic Sources:

Sowell, T. (2015). Basic Economics: A Common Sense Guide to the Economy. New York, New York: Basic Books.

Articles Cited/Further Reading:

https://www.bls.gov/opub/reports/minimum-wage/2015/home.htm

http://www.socsci.uci.edu/~dneumark/min_wage_review.pdf

https://www.investopedia.com/articles/investing/080515/5-developed-countries-without-minimum-wages.asp

https://www.forbes.com/sites/scottbeyer/2015/04/24/how-ironic-americas-rent-controlled-cities-are-its-least-affordable/#3b349b7348c6

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