ilmscore | Prediction Details
"the big thing that pretty much all these studies show is that rent controls can reduce the the supply of rental housing in fact 2thirds of studies showed that rent control has a negative correlation to residential construction so less new rental units are built but it also shows that and recent examples actually show this that when rent control is enacted many Property Owners just don't want to be in the business anymore and they wind up just selling their properties"
By BiggerPockets | December 3, 2024 | Pending
From video
What Rent Control ACTUALLY Does to Rent Prices 00:04:24 - 00:04:50
Interpreted Prediction
Rent control policies are predicted to reduce the overall supply of rental housing by discouraging new construction and causing existing property owners to sell.

Prediction Details

Topic
Rent Control / Housing Supply

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