Discussion on Rent Control and Supply of Housing

The podcast episode delves into a detailed discussion on the effectiveness of rent control and the impact of house supply on housing prices. Emphasizing the contention between the necessity of increasing housing supply versus implementing rent controls, the conversation inclines towards the complexities of these strategies. While one perspective insists on the importance of rent controls to make housing affordable in a market with perceived scarcity, the counterargument highlights the potential unintended consequences such as reduced housing density and limitations for new Londoners to find accommodations. The debate also touches on the historical efficacy of rent controls in the 1970s versus their impact in a current climate of housing shortage.