but what of you can only afford it because of rent control? isn't that the actual discussion at hand, elderly people staying where they've lived forever because they can afford to due to rent control?
There's a limited supply of housing in those high demand locations, not everyone who wants to live in London can live in London because there just isn't enough units, with that limited supply, housing should go to the people who need it the most, like the people who have jobs in those locations.
Then rent control will allow the _most_ people who have the _shittier jobs_ to live closer to work. I don't think there is a real care here about anything other than "I want the power to do what I want", which translates pretty closely to "mah freedoms".
Absolutely not, they protect current renters, not people with the lowest wages, people with the shittiest jobs have been priced out already. Rent control protects the millionaires renting in Mayfair as well.