Rent control works great if the state creates housing supply to make up for the decreased incentive for private landlords.

Vienna does this with lots of success.

It's the biggest landlord in Europe [0] and has the highest quality of living in the world. [1]

[0] https://www.linkedin.com/pulse/vienna-europes-biggest-landlo...

[1] https://www.independent.co.uk/travel/news-and-advice/vienna-...