Does Rent Control Work? The Pros, the Cons, and the Real Effects
Does rent control work? For current tenants, yes. The effects of rent control on supply, maintenance, and new tenants are the tradeoff. Honest pros and cons.
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Does rent control work? For current tenants, yes. The effects of rent control on supply, maintenance, and new tenants are the tradeoff. Honest pros and cons.

Buy the same real house in 2005, 2010, 2015, 2020, or 2025 — a $200,000 home in 2005 dollars, indexed for inflation — and hold it to today, versus putting the down payment in the S&P 500 instead. The house wins sometimes. It's closer than the 'never rent' crowd admits.

The median home cost about $3,900 in 1921 and $24,800 when the U.S. left gold in 1971. Since then it has climbed past $431,000. Two charts tell the story.