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The evidence is conclusive: rent controls always fail
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City AM
The evidence is conclusive: rent controls always fail
International studies prove that rent controls frequently backfire by reducing residential mobility, discouraging new construction, and driving up unregulated rents, demonstrating that deregulation is more effective than intervention, says Rainer Zitelmann Rising rents and housing shortages are an issue in many countries. Politicians respond with numerous measures, such as rent controls. However, these often lead [..…
3 Nov, 05:42
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