[Zach_the_Lizard]

I fail to see how ending rent control would hurt property values. If anything, it should increase them; now there is not a multigenerational pseudo property right that can be passed on. You can see this in listings; rent controlled units sell for way below normal prices because of the threat that the tenant can invite a relative to stay and then pass on their sweet deal for another generation, all on the property owners' dime.

Rent stabilization is similar. It would raise the property values in rent stabilized buildings. It would also raise rents in the rent stabilized buildings.

Where it would hurt is market rate apartments. They would likely see rents fall over time given the market is no longer bifurcated.

To ease the transition, a phase out would probably be in order, but given that a phase out can be terminated it would probably have to be one big shove out the door.