> If it deters people from buying properties for renting to others by making it not as lucrative, it keeps the prices down and makes housing affordable for man
Eviction control makes “some form of rent control necessary: in its absence, the landlord could charge an astronomic rent instead of sending a notice of termination” [1]. Rent controls have a documented effect of suppressing new housing supply, thereby raising rents. Furthermore, “subsequent to the introduction of [German] eviction control in 1971 and 1975, the number of evictions first decreased and then, after some short time interval, returned to its normal average” (page 473).
Eviction control makes “some form of rent control necessary: in its absence, the landlord could charge an astronomic rent instead of sending a notice of termination” [1]. Rent controls have a documented effect of suppressing new housing supply, thereby raising rents. Furthermore, “subsequent to the introduction of [German] eviction control in 1971 and 1975, the number of evictions first decreased and then, after some short time interval, returned to its normal average” (page 473).
[1] https://www.econstor.eu/bitstream/10419/92900/1/Homburg1993T...