In Silicon Valley Suburbs, Calls to Limit the Soaring Rents
Supply and demand explains all.<p>When more people want something than there are available, prices increase - until the price increases enough to ration the available supply to the highest bidders.<p>For those calling for rent control, they are advocating a different method of rationing the available apartments... leaving multiple interested people for one apartment.  Why is the non-price way of rationing better than rationing based on who is willing to pay the most? Some people still won&#x27;t be able to live where they want to live, it just won&#x27;t be because they can&#x27;t afford to.