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Re:The World Is Run by People No Smarter Than You by WalterBright on Friday November 11, 2022 @01:39PM (#33564839)
> there have been publications that straight up found that rent control did not reduce housing stock meaningfully

Really? Would you build an apt building that rent control ensured would be a poor investment? How do you measure investors being reluctant to build more housing in a rent controlled area?

Rent control is good for the few people who get a below market rate. It's bad for everyone else, including those who can't find a place to rent because of it.

Re:The World Is Run by People No Smarter Than You by sudosysgen on Friday November 11, 2022 @05:27PM (#33567723)
Rent control generally only controls increases, not absolute prices, and is relaxed for newer constructions, so developers care less. At the same time, it may reduce the cost of land zoned for high density housing if locative uses are judged to be less profitable, thereby reaching and equilibrium. It also often lowers market rent for everyone, when implemented correctly.

We can measure this reluctance by looking at construction rates and general supply in similar groups of cities or neighborhoods with or without rent control, of course controlling for other variables. This has been done in multiple studies, which are listed in the link I provided.