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Rent Control’s Self-Defeating Effects

Housing

Rent Control’s Self-Defeating Effects

city-journal.org - Steven Malanga is the senior editor of City Journal, the George M. Yeager Fellow at the Manhattan Institute, and the author of Shakedown: The Continuing Conspiracy Against the American Taxpayer.

When New York State’s legislature passed a bill strengthening rent controls on apartments in June, New York City mayor Bill de Blasio crowed that the …

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