Utter garbage. Yes, Sweden has housing problems just like every other country in the Western world so that is no reason to conclude that rent control isn't work

Utter garbage. Yes, Sweden has housing problems just like every other country in the Western world so that is no reason to conclude that rent control isn't working. What happened in Stockholm, where I live, and other cities was that apartments owned by the municipality were sold to the tenants. The reason for this sale was ideological; the liberal politicians in charge thought it was "bad" for the municipality to own apartments and want to "privatize" the the housing market. This resulted in the tenants getting to purchase their apartments cheaply and those apartments later rose massively in value so the former tenants made huge profits by reselling them. This naturally reduced the number of rental apartments and made the competition for them much stiffer. The people who couldn't afford to buy their own apartments had to compete with others in the same situation for the remaining rental apartments. Thus the rents for these apartments rose, but since they were rent controlled, they didn't rise as much as they "should have" (according to economists and landlords). Thus, a rental contract became an asset that could be resold for profit. This made it very hard to get hold of rental contracts since they are treated as assets that are always rising in value. If you have contract to an apartment in a nice neighborhood in Stockholm, you are never ever giving it up. If you don't live in the apartment you just rent it out second hand and you make a nice profit by gouging whoever is forced to rent it from you. So "Mr Stark" is complaining about his high second hand rent. What he doesn't understand is that that is the rent he would have had to pay if there was no rent control. The landlord would rent out apartments to the highest bidder and the highest bid, 11 000 kr, happened to be his. The problem is that more people want to live in city centers than there is space in city centers. So either you let landlords charge whatever they want, which quite obviously will lead to only rich people affording to live in city centers (and poor people in bad neighborhoods), or you distribute apartments according to some kind of queuing system, which quite obviously will lead to long waiting times. You can't solve this problem perfectly for everyone. Some people will not get to live in the most desirable areas and some people will have to live in the undesirable areas.