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Examples
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In this case, rent controls have no effect on the supply only in the case that they have no effect on the price; i.e. if the rent-controlled price is above the depressed equilibrium price, then you are correct, the rent control will have no effect.
The Volokh Conspiracy » The Further Left You Are the Less You Know About Economics: 2010
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New buildings are either not rent-controlled at all or the landlords of such buildings are allowed to charge rents that realize a market rate of return.
The Volokh Conspiracy » The Further Left You Are the Less You Know About Economics: 2010
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And I think a lot of nasty speculators got burned in NYC in the '80s when they bought occupied rent-controlled apartments that had been cooped - they paid money up front & took a mortgage, gambling that granny, who retained the right to reside at her controlled rent of, say, $200/mo., would die & let them take possession.
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It does lead to queuing for the rent-controlled units, which are cheaper than newer units.
The Volokh Conspiracy » The Further Left You Are the Less You Know About Economics: 2010
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Stahl Real Estate has applied to demolish two early 20th century buildings, but preservationists are firing back, arguing that the 190 rent-stabilized and rent-controlled apartments, which sit between 64th and 65th streets near York Avenue, have played a vital role housing lower- and middle-class tenants for nearly a century.
New Spat Over Upper East Side Rent Laura Kusisto 2012
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If you are living in a rent-controlled apartment paying one-tenth the market rent, knowing the truth about rent control would mean acknowledging that you are benefiting massively from a policy that is harmful in general.
Math and Economics, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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About 90% of its loans are multi-family mortgage loans most of which are in rent-controlled buildings.
Don't Be Duped By Blowout Bank Earnings Halah Touryalai 2010
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About 90% of its loans are multi-family mortgage loans most of which are in rent-controlled buildings.
Don't Be Duped By Blowout Bank Earnings Halah Touryalai 2010
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The result is a mingling of million-dollar condos and sleek wine bars with creaky, rent-controlled buildings and graffiti-pocked bodegas.
Prospect Heights Edges Into Crown Heights Robbie Whelan 2011
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“New buildings are either not rent-controlled at all or the landlords of such buildings are allowed to charge rents that realize a market rate of return.”
The Volokh Conspiracy » The Further Left You Are the Less You Know About Economics: 2010
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