3 ms·
Rent control fails consistently. Here are a couple of links, any economist who follows the data agrees: https://www.urban.org/research/publication/place-blame-
by patrickmay 3y ago
Rent control fails consistently. Here are a couple of links, any economist who follows the data agrees:
https://www.urban.org/research/publication/place-blame-where-it-belongs https://www.urban.org/research/publication/place-blame-where...
https://www.nmhc.org/research-insight/research-report/nmhc-report-rent-regulation-policy-in-the-united-states/ https://www.nmhc.org/research-insight/research-report/nmhc-r...
> Increasing supply seems unlikely to fix the underlying issue.
The underlying issue is that the law of supply and demand applies to housing just as to any other market. Increasing the supply is the only way to lower prices.