What Is Rent Control In Economics
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What Is Rent Control In Economics
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Los Angeles Rent Control Explained Warren Szewczyk
Most research on rent control laws has come from economics literature where it is often referenced in introductory texts as a classic case of an ineffective and counterproductive policy Economists argue that rent controls reduce incentives to maintain existing housing or build new Tracking Tenants Diamond says there is surprisingly little precise data about exactly what happens after a city imposes or expands rent control Who are the winners and losers How do landlords respond What happens to the buildings covered by rent control How do the benefits stack up against the costs

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