Arguments Against Rent Control

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A common debate for rent control assumes most, landlords receive outrageous profits and government needs to halt such greed. Profit control is seen more as standing on moral grounds than on real conception of its actuality. It is argued that rent needs to be related to cost of living. By using this argument, it becomes such an important issue it cannot be left to the unfair marketplace. Below-market units are sold to new owners, who raise rent to market levels. Newspapers cover this and label the new owner as thoughtless and out to gouge tenants, which in turn has political implications. Rent control is favored with older voters, people who are on fixed incomes with their savings being depleted by inflation. It is seen as a
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