Quote:
Originally Posted by Caliplanner1
Actually true/effective academic insight respects the findings of the "real world"!  |
And the findings of the "real world" are that rent control (any price control, really) negatively affects supply and the quality of that supply. Rent control hurts the poor it's meant to help more than anyone by reducing the incentive to create affordable housing and reduces the incentive to modernise existing rental stocks.
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