Rent controls will only cut supply, just when we need more

2015-11-03 Irish Independent

"The rise in rent prices is now being directly linked to Alan Kelly's attempts to bring in rent controls" the Irish Independent states. The paper notes that "the story is the same wherever rent controls have been tried. Swedish economist Assar Lindbeck [IFN] has said that rent control is "the most effective technique presently known to destroy a city, except for bombing".

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