>> Higher prices for new tenants make developing new housing more attractive, not less. > Developers have to charge higher prices because they have to subsidiz

>> Higher prices for new tenants make developing new housing more attractive, not less. > Developers have to charge higher prices because they have to subsidize rent controlled units. I don't think these two points are contradictory. Yes, rent control increases housing prices on newer units. However, higher prices on newer units provides incentive for developers to build new construction rather than squeezing everything they can from existing ones.