Here in the Boston area we got rid rent control 20 years ago. Rents are still pretty high and almost all new construction is high-end luxury units. Cambridge is

Here in the Boston area we got rid rent control 20 years ago. Rents are still pretty high and almost all new construction is high-end luxury units. Cambridge is less affordable now than it was 20 years ago. And construction is proceeding at a pretty good pace--the rate of new permits being granted is almost as high now as it was just before the collapse of the Great Bubble. Rent control doesn't work very well, but getting rid of rent control? That doesn't work either.