WHY RENT CONTROL DOESN'T WORK
As someone who works in the area of rent control, it is hard for me to understand why anyone would think rent control was good government policy. Yet, too few people understand the basic economics which demonstrate that rent control does not help provide affordable housing. For that reason, I wanted to link a 1998 opinion piece by Thomas Sowell, from the Jewish World Review: "Cutting Edge California retreats to old failed ideas" It provides some historical context--demonstrating that rent control actually causes the loss of affordable housing.