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Rent control increases the pressure on the housing market by increasing the price of rent for non-rent controlled properties and reducing incentives to create m
by nedwin 12y ago
Rent control increases the pressure on the housing market by increasing the price of rent for non-rent controlled properties and reducing incentives to create more supply.
Brief overview from Krugman from 2000 but plenty more research out there on the topic. http://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent-affair.html http://www.nytimes.com/2000/06/07/opinion/reckonings-a-rent-...