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A comment on Housing Can’t Be Both Affordable and a Good Investment (2018). Parent comment

Re:Housing Can’t Be Both Affordable and a Good Investment (2... by zip1234 on Thursday May 02, 2019 @08:18AM (#19807036)
Rent control is worse than useless. Not only does it not address the root cause of the problem, which is lack of supply, but it then skews prices and makes it so people won't move when they normally would.
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Re:Housing Can’t Be Both Affordable and a Good Investment (2... by mr_overalls on Thursday May 02, 2019 @10:13AM (#19808086)
Exactly. There are few positions that most working economists share, but a disdain for rent control is one of them. It seems to make sense, but creates perverse incentives that lead to urban blight, a shortage of new housing, etc.

As Walter E. Williams said in 1987: "Short of aerial saturation bombing, rent control might be one of the most effective means of destroying a city."

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