Last night, I read, Zoning, Rent Control, and Affordable Housing, by William Tucker and published in 1991. He got ho-hum as he kept repeating a predictable cycle:
The usual result of rent control is to split the housing market in two. Some people get great deals while others face housing shortages and higher-than-market prices. Yet strangely enough, the people who suffer the adverse effects rarely blame rent control. Instead, they blame landlords. Or they blame government officials for not enforcing rent control strictly enough. When the sufferers reach a critical mass, politicians are usually forced to respond by tightening or extending rent-control regulations.
