Longest fall in housing market since records began

the_flying_pig

N1AK wrote: »

To start with a counter, rent control would mean less housing as the value of property would fall and thus production of new housing and renovation of derelict housing would decrease. That said, rent controls could provide enough benefit to outweigh this...

i appreciate the balance provided by your second sentence, but even the first point, well, how big an effect are we talking about?

we hardly build any houses anyway, didn't really build many when prices were skyrocketing, & still continued to build some even when prices were tanking. i very much doubt that a rent cap [which wouldn't directly affect owner-occupiers, still the sizeable majority] would drag the construction industry significantly lower than it already is.