A "classic" scenario with rent control is a tenant lives in a home for 10 years and has below market rent. The LL wants the tenant to leave, so the landlord cre

A "classic" scenario with rent control is a tenant lives in a home for 10 years and has below market rent. The LL wants the tenant to leave, so the landlord create more housing units [0]. But everyone throws their arms up, because the tenant can't afford market rent. A battle in court proceeds and the tenant ends up receiving a $100k buyout to leave. Based on this relatively common situation, rent control prevents more housing from being built and causes prices to increase (the $100k buyout needs to come from somewhere). [0] - https://www.nytimes.com/2015/12/25/nyregion/new-york-builders-paying-huge-buyouts-to-tenants-in-their-way.html https://www.nytimes.com/2015/12/25/nyregion/new-york-builder...