A new development out of the "People's Republic of California" has Clark all bent out of shape.
The Los Angeles Times reports that San Francisco has passed a law that prevents landlords from raising rent above 33% of a tenant's income.
Landlords, of course, are up in arms and may have to "stall building repairs and cut amenities for renters" in the words of the article.
It's a replay of the classic rent control scenario that you see in places like New York City. Everyone complains that their landlord won't fix anything or make any improvements to the facilities. But they never realize it's because rent control interferes with the free market and takes away any incentive for progress.
The consumer champ would rather let the free market set rents.