A Rent Control Renaissance Is Underway in the US—and It’s Sure to Make the Housing Shortage Worse

In Analysis by Michael Rae

If one needed any more proof that rent control laws suppress investment in new housing, then it is not necessary to look any further than this recent survey from the National Apartment Association. They found that “Over 70% of housing providers say rent control impacts their investment and development plans; actions include reducing investments, shifting plans to other markets, and canceling plans altogether.”
This is significant for two reasons. The first is that there is something of a rent control renaissance happening right now across the country. There are major cities — and even whole states such as New York and Colorado — that are currently considering implementing

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