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The Complexities of Rent Control
This chapter examines the contentious issue of rent control, discussing its rise as a protective measure for tenants amidst high urban rents. It explores the nuanced impacts of rent control policies on both tenants and landlords, emphasizing the economic consequences and varied outcomes in different cities. Through empirical studies, the chapter highlights the long-term effects on housing stability and affordability, as well as the potential for gentrification and market inefficiencies.