Rent-control laws simply don’t work, though. And rather than keep rents down, they actually discourage the development of additional housing that would lower prices. According to the nonpartisan Legislative Analyst’s Office, government attempts to make housing more affordable – rent control, for one example – do “very little to address the underlying cause of California’s high housing costs: a housing shortage.”

Read More: http://www.pacificresearch.org/article/rent-control-would-put-housing-out-of-reach-for-more-californians/