>But why are we attaching any value to the needs of renters? Economically, if your only concern is the benefit of renters then it never makes sense to enrich pr

>But why are we attaching any value to the needs of renters? Economically, if your only concern is the benefit of renters then it never makes sense to enrich property values in an area because rent will rise. Whether you're a capitalist who believes in the value of entrepneurship or a communist who focuses on honest labor, the one thing you should agree on is that socioeconomic policy should do everything it can to limit the growth in property values. The last thing we want to do is to enrich the landed gentry. (Note that rent control is not really pro-renter; it merely helps early renters at the expense of new renters. This is similar to how propping up growth in property values by restricting housing development enriches early property owners at the expense of prospective new property owners)