
@Sunshine The problem with rent control is that it rewards incumbent renters at the expense of new renters. This is not a point that can be seriously debated. However, the housing market, especially over many decades, is influenced by more than one factor, and it’s difficult to separate out the effects. I am extremely skeptical of rent controls; however, there is certainly a case to be made for some regulation of the rental market, in the same way that we regularly regulate public utilities.
@Sunshine In my jurisdiction, there are effectively no real protections for tenants. Landlords can unilaterally raise rents by any amount without limit, with every lease renewal. My landlord has raised my rent every year for the past 3 years, now, and the housing market is so tight that there are no realistic alternatives for non-wealthy people. In a society where most people are living paycheck-to-paycheck, a 90 day notice is all it takes to evict for no cause.