2 ms·

No, because rent-control disincentives new development.

• cj 7y ago
  How so? Many rent control policies exclude new development from rent control.
  • krapht 7y ago
    If I buy a property to rent out, the net present value to me is lessened due to rent control. If (x = net present value) < (y = cost to develop) then I don't build.
  • refurb 7y ago
    It drives prices higher making building new building less profitable. And more importantly, disincentivizes maintenance and upgrades to older buildings.