Rent control doesn't apply to the price of new housing, at least for any the many many versions of rent control I've seen. Rent control only limits the increase

Rent control doesn't apply to the price of new housing, at least for any the many many versions of rent control I've seen. Rent control only limits the increases on existing housing. The new building can charge whatever they want, they just can't depend on large increases in rent later on after their initial pricing. This same assumption, no huge rise in rents later, is also applied by financiers.