Rent control is great for people who were lucky enough to live in them. It’s not so great for underprivileged people now who would like to move to NYC for all o

Rent control is great for people who were lucky enough to live in them. It’s not so great for underprivileged people now who would like to move to NYC for all of the economic opportunity, but can’t because housing is so expensive. All of the rent controlled (and to a large degree, rent stabilized) apartments are off market and don’t rotate frequently because people stay in them even when they don’t need the space because moving somewhere smaller would cost more.