Part 7/10:
The combination of mandated appliances and rent control measures contributes to a shrinking rental supply. This scarcity drives up rental prices, creating an inverse effect to what is often claimed: instead of making housing more affordable, these policies exacerbate shortages and inflate rents.
Additionally, the high taxes and pro-regulation stance push affluent individuals and major corporations to relocate to states with more favorable policies, such as Florida or Texas. Notable figures like Jeff Bezos have moved their residence out of Washington to avoid high taxes and benefit from more business-friendly environments—further illustrating the trend.