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by pzone 2524 days ago
While it is true that land is a finite resource which makes it a unique sort of asset, this is a separate issue than what GP raised. In fact, the point you raise goes in the opposite direction - it makes rent control far worse and more damaging!

Locking in pre-existing claims to land - through renters being allowed to stay in units as long as they wish at cheap prices, and enacting restrictive/NIMBY zoning laws - serves to constrict the housing supply. Because land is already a finite resource, any restriction on how many housing units per parcel of land end up being built is an even more harmful policy.