373. Why Rent Control Doesn’t Work
373. Why Rent Control Doesn’t Work
WBEZ brings you fact-based news and information.
Sign up for our newsletters
to stay up to date on the stories that matter.
As cities become ever-more expensive, politicians and housing advocates keep calling for rent control. Economists think that’s a terrible idea. They say it helps a small (albeit noisy) group of renters, but keeps overall rents artificially high by disincentivizing new construction. So what happens next?