That goes both ways. Nobody will pay if its too high (you will pay another slightly cheaper landlord, then) and thus landlord has to lower prices. Thus rent con

That goes both ways. Nobody will pay if its too high (you will pay another slightly cheaper landlord, then) and thus landlord has to lower prices. Thus rent control apts are, in fact, at market rate. Its just that market rate is higher than you think it is. When the market is exploding prices will rise regardless of rent control to crazy amounts. People should disclose if they have an interest in this thread, since last I remember, all landlords are pretty wealthy people without that problem. (they own their place + other places, so, yeah)