FLUFFYGERM posted...

Rent control has been shown to be ineffective, and in fact to have the opposite effect instead of what it intends.

In fact most economists acknowledge this. Rent control is a dead concept peddled by leftists who literally don't know basic economics.

https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good

https://www.nytimes.com/2018/10/12/business/economy/rent-control-explained.html

And yet economists from both the right and the left are in almost universal agreement that rent control makes housing problems worse in the long run.

What's the quick and dirty TLDR on these articles? I don't have the time at the moment to read them.
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LOL at California voting against rent control.

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