Another unintended consequence of rent control is that it can lead to discrimination against certain groups of renters. Landlords may be less likely to rent to people who are more likely to stay in a rental property for a long time, such as families with children, if they cannot charge market prices for rent. This can make it more difficult for these groups of renters to find housing. In many cities around the world, rent control policies have failed to achieve their intended goal of making housing more affordable.
Rent control policies may seem like an easy solution to the problem of high housing costs, but they have unintended consequences that can make the problem worse. It’s important to consider the potential drawbacks of rent control and other price controls before implementing such policies.