Whole_Roll

Are there any economists at a top 100 school that think that rent control won't raise prices in the future?

Rent control feels like a stopgap measure that will last forever and create more problems than solutions down the line. I'm leaning No as of now.

Couldn't the educational issue be solved with more targeted legislation? If you let families extend their leases month-to-month until the end of the school year, then kids could complete the school year in the same classes and families could move during summer.

I don't think that anti-rent control people don't think that it will help a lot of people. It will. We just think that it will hurt more, even when you take the non-economic factors into account.

Rent control just feels like more generational theft to me as a young person. Ya, it's great if you want to stay around and live the same life for decades. But if you need to move for school, move for work opportunities, and then buy a home for a family, rent control only looks bad to me due to the increased rent.

I fundamentally don't understand why it's okay to protect renters at the cost of newcomers. People who move here for opportunity have every right to a fair housing market as people who have been here decades. It just feels like rent control is pushing the burden on newcomers and young people. When you rent, you're not guaranteed a home for life. What's the use in reducing evictions if it makes the state even more unaffordable in the long run? Where will the kids live when they grow up?

Edit: wouldn't landlords just use the Ellis Act more and you'd see them take units off the market to convert into condos?