Rendas controladas [A/c Candidatos à CML]

Legislators who know how to get votes but not how to govern prodently frequently pass economically preverse regulations. (...)

Does anyone gain from rent control? In the short run, two groups profit. First, politicians, who sound like heroes slaying the evil landlords. Second, tenants who already occupy units at the time rent control is invoked and thus continue to enjoy bargain rents. As a result, these tenants seldom move. This reduces mobility and freezes out new residents of the city. (...)

Ultimately, rent controls tend to depreciate the housing stock, as maintenance falls and supply diminishes. Usually, such controls are a poor way of helping the poor - and a good way of destroying a city.

Todd G. Buchholz, in New Indeas from Dead Economists

[aL]