Rent Control Is Bad for Tenants and Ruining Landlords

When people hear the phrase “rent control” they typically conjure up one of a few images in their minds. Tenants imagine easy street, a world where housing is ridiculously low cost. Maybe they think of rent control in NYC, where they saw the characters from Friends live in large apartments for far below market value.

If the person is a landlord or property manager, they think of reduced profits, and tenants who live in a unit for years on end, never paying market value for the property.