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by lern_too_spel 3086 days ago
It is an economic certainty. If more of the housing supply is tied up by rent controlled tenants who won't move out, supply and demand places the equilibrium price for available units far higher than it would be without rent control.

When you institute rent control, you save existing teachers some money, but when they retire, good luck finding new teachers willing to work in the new market with much higher rents.