Rent control leads to:

• Fewer housing units being built
• Deteriorating quality of existing ones
• And ultimately, an even worse housing shortage

When landlords can’t charge market rents, they lose the incentive to build or maintain properties.

Meanwhile, tenants who get rent-controlled units rarely move - freezing mobility and locking others out.

Rent control doesn’t make housing more affordable in the long run - it just shifts who suffers from scarcity.

“There are no solutions; there are only trade-offs.” - Thomas Sowell