Friday, July 10, 2026

Rent Control Causes The Problem It Claims To Solve

 https://x.com/cremieuxrecueil/status/2075270820662841804?s=51&t=cLq01Oy84YkmYPZ-URIMYw

Rent control is a stunning policy. The literature, the experts, and the repeated experience of reality all stand undivided in saying it's bad. But the public loves it. It's insanely popular. It's basically a 75:25 issue and voters want more of it."

 https://x.com/MTSlive/status/2074212523902107927

SITUATION EXPLAINED: Why does rent control create the exact housing crisis it claims to solve? We asked

, senior fellow at the Manhattan Institute and author of Troubled. "If you just say, 'I'm going to make this thing cheaper,' or 'I'm going to prevent the price from increasing,' that sounds great to a lot of people because they don't understand how market economies work." "Often to make it more intuitive, I'll point out that in cities where they have implemented rent control policies, those are the cities that have the worst housing shortages. San Francisco, the Bay Area... they've had rent control policies for decades. Has that improved the housing situation or has it only made things worse?" "People would rather manipulate prices than to build more housing.""

No comments: