Rent control claims to help renters but limits new housing, worsens shortages and hurts middle-income landlords

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Rent control is promoted as a fix for rising housing costs, but decades of data show it creates shortages, discourages new construction and hurts renters and small landlords.

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Sowell explains that for every good that one person is said to have a “right” to, another person must be compelled to provide it — whether it’s landlords providing housing at below-market rates or health-care professionals offering services without fair compensation. This, he argues, violates the principle of voluntary exchange and individual freedom. In essence, creating a “right” to housing under

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