4 ms·
Note: Everyone (in the economics world, anyhow) has known that rent control does this for a long time. There's no controversy here; left, right, socialist, Ch
by Lazare 9y ago
Note: Everyone (in the economics world, anyhow) has known that rent control does this for a long time. There's no controversy here; left, right, socialist, Chicago-school, heterodox, mainstream: It's a known thing.
This study is interesting primarily because it tries to put some hard numbers on how much it drives up the cost of housing.