373. Why Rent Control Doesn’t Work (Rebroadcast)

Freakonomics Radio - A podcast by Freakonomics Radio + Stitcher - Thursdays

Categories:

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?