When there's Rent Control, developers instead invest in projects that don't cap their profits. The result: less housing, and therefore even higher rent for new tenants.

When there's #RentControl, developers instead invest in projects that don't cap their #profits. The result: less housing, and therefore even higher rent for new tenants. pic.twitter.com/U3cDhC1N2P

— Mises Institute (@mises) March 19, 2018