>Any situation where the problem is a shortage of units those two policies will make it worse by making the math of building more units look worse. That doesn'

>Any situation where the problem is a shortage of units those two policies will make it worse by making the math of building more units look worse. That doesn't make any economic sense whatsoever. Rent control on 3 units doesn't make it less profitable to build 6 if you can build 6. That would still make 6 lots of rent instead of 3. That equals more profit. It actually creates an incentive to build MORE units because with rent control and higher property taxes they won't make profits from building enormous luxury apartments that function as gold-bar-like store of value for people who have ungodly amounts of cash. Beware the construction industry propaganda - they want policies that boost their profits, NOT policies which will enforce the market discipline on them they need to make them build more units in a higher density. I can see from your response that you've picked some of it up...