the more compelling critique of rent control is that it's a tiny patch on a heavily distorted market--just enough bone to keep the riff-raff distracted from the

the more compelling critique of rent control is that it's a tiny patch on a heavily distorted market--just enough bone to keep the riff-raff distracted from the naked engorgement of capital on real estate. if we had highly dynamic, fair, and transparent real estate markets, we'd have no need for rent control, because a high-functioning market keeps prices just above the cost to create/provide, that is, a fair market price.