National Rent Control: A ‘Supremely Bad Idea’ #rent #housingmarket #housingcrisis #realestate

John Cochrane critiques national rent control, calling it more damaging than #studentloans and ‘the dumbest idea ever.’ He explains why #rent control is appealing in the #short term but disastrous in the long run, hurting #poor people, #immigrants, and the #housingmarket. Watch the latest #GoodFellows episode as Cochrane breaks down the long-term damage this #policy causes, likening it to the ‘best way to destroy a city short of bombing.’