Where has rent control ever worked favorably for the cities that have implemented it? It&#x27;s simple economics, as value is derived from a city, the city itself becomes more valuable. A more valuable city has more valuable real estate. More valuable real estate costs more to purchase and develop. &quot;Location, location, location&quot; isn&#x27;t just some cliche realtors like to use.<p>In the majority of cases, there&#x27;s no conspiracy. Rent goes up, because the real value has gone up. It really is that simple.