5 ms·
Wait! Who said that there's no consensus. The only thing that you presented, so far, is that 93% of economists oppose rent controls. And from what I read is th
by JAlexoid 6y ago
Wait! Who said that there's no consensus. The only thing that you presented, so far, is that 93% of economists oppose rent controls.
And from what I read is that there's a debate into how much rent control is OK for the overall economy. Not really a change about its negative impact on the rental market.
- chalst 6y ago93% is generally evidence of consensus among the sampled group at that time. That time is past, but here and on Wikipedia there are people arguing there is currently a consensus among "economists" (unqualified). So far I have not seen anything I would count as a current consensus, and I don't believe there is one. It's also worth noticing a bait and switch here. The former consensus was that hard rent ceilings reduce the quality and quantity of supply. Then you see claims that its uncontroversial Econ 101 that any kind of rent control is bad for cities. If justification for the latter claim is sought, it is justified by the past-expiry-date evidence for the former claim. It's a good example of what Scott Alexander calls a motte and bailey argument.