Stricter Rent Controls lead to less quantity and quality rental properties

[RPI]

Interesting research by the OECD
http://www.iea.org.uk/blog/‘slum-landlords’-the-economist-is-barking-the-wrong-tree

 

[lizzie]

Spot on ... strict control often just drives illegal practices underground, whilst those who try to act legally give up in frustration.

 

[whitegoodman]

its funny how people generally recognise price fixing as something that doesnt work, but are generally in favour of central banks setting the cash rate..