2015

Proof That Rent Control Doesn't Work Used To Prove That Rent Control Does Work

2015-09-10 Forbes

"What really happens when there is rent control is that we replace rationing by price with rationing by queuing" writes Tom Worstall in Forbes. He is quoting Assar Lindbeck, IFN and Stockholm University, saying that “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.”

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