The Public Cost of Rent Control
While rent control aims to address housing affordability, it does not directly solve the challenges that many renters face. By limiting the ability to increase housing supply, rent control worsens the existing housing shortage, making it harder for new residents to find affordable housing.
Minneapolis city staff report recommends against adoption of rent control
Star Tribune, April 14, 2023
Staff concluded that rent control could slow housing development and cost the city too much to enforce.