Original article by Chris Bruen as seen in the National Multifamily Housing Council. Nearly all economists agree that rent control is a failed policy. In a 1990 survey of economists of the American Economic Association,…
Original article by Rebecca Diamond. Steadily rising housing rents in many of the US’s large, productive cities have reignited the discussion whether to expand or enact rent control provisions. Under pressure to fight rising rents,…
Executive Summary It wasn’t long ago that state policymakers were worried about falling home prices and the impact the declines were having on the California economy. Today those worries have turned 180 degrees and policymakers are…
Evidence from Deregulation in Cambridge, Massachusetts Executive Summary Traditional economic analysis suggests that when price controls (rent regulation) are imposed on housing stock, housing quality declines over time because landlords are unable to recoup their…
