Yeah I probably misused rent control there. I didn’t mean anything specific, or to imply the way it currently exists. It could even be as simple as the government subsidizing housing for critical workers. Doesn’t have to rent control for everyone.
Anything you subsidize gets more expensive due to supply, demand, and availability of money. We see the same inflation in college tuition (cheap loans), home prices (mortgage subsidies), and health care (myriad things, but e.g. pre-tax HSA accounts).
Rent control breaks the market and subsidies pour fuel on the dumpster fire. There is exactly one good way out and it's making it easier to build.
