373. Why Rent Control Doesn’t Work
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?
Episode 373 of the Freakonomics Radio podcast, hosted by Freakonomics Radio + Stitcher, titled "373. Why Rent Control Doesn’t Work" was published on April 4, 2019 and runs 48 minutes.
April 4, 2019 ·48m · Freakonomics Radio
Summary
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?
Episode Description
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?
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