373. Why Rent Control Doesnt Work

Published: April 4, 2019, 3 a.m.

b'As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that\\u2019s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?'