&gt; <i>I&#x27;m certainly not saying that a &quot;no rent control&quot; situation would be ideal</i><p>Quoting Paul Krugman from 15 years ago:<p>&quot;The analysis of rent control is among the best-understood issues in all of economics, and -- among economists, anyway -- one of the least controversial. In 1992 a poll of the American Economic Association found 93 percent of its members agreeing that &#x27;&#x27;a ceiling on rents reduces the quality and quantity of housing.&#x27;&#x27; Almost every freshman-level textbook contains a case study on rent control, using its known adverse side effects to illustrate the principles of supply and demand.&quot;<p><a href="http:&#x2F;&#x2F;www.nytimes.com&#x2F;2000&#x2F;06&#x2F;07&#x2F;opinion&#x2F;reckonings-a-rent-affair.html" rel="nofollow">http:&#x2F;&#x2F;www.nytimes.com&#x2F;2000&#x2F;06&#x2F;07&#x2F;opinion&#x2F;reckonings-a-rent-...</a>