John Stossel: How Rent Control Hurts Renters
Everywhere it's tried, rent control harms the people it's meant to help. Yet foolish politicians continue to implement it.
The late economist Walter Williams once told me, "Short of aerial bombardment, the best way to destroy a city is through rent controls.”
But the politicians don’t understand that.
In my new video, I confront a socialist city councilwoman from St. Paul’s sister city Minneapolis. She’s eager to control rents.
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