alt Hacker NewsYep. Rent control benefits the people who are already there, but punishes everyone else.
It will increase the price for new comers, lower the quality of buildings due lack of maintenance funding, and decrease new construction.
Rental control is NIMBY for renters who are already there.
> Rent control benefits the people who are already there
Not always. It can trap the person in the apartment, such as constraining where they can work.