Economists are overwhelmingly opposed to rent controls, which would go a long way towards explaining why many "liberal Democrats' would share that opposition. Even Paul Krugman, who boldly describes himself as "liberal", calls rent control "a textbook case of economic stupidity" and goes on to note:
The analysis of rent control is among the best-understood issues in all of economics, and -- among economists, anyway -- one of the least controversial. In 1992 a poll of the American Economic Association found 93 percent of its members agreeing that "a ceiling on rents reduces the quality and quantity of housing." Almost every freshman-level textbook contains a case study on rent control, using its known adverse side effects to illustrate the principles of supply and demand.
I might add that in a poll of 211 economists published in the May 1979 issue of the American Economic Review, more than 98% of U.S. respondents agreed with the statement and the June 1988 issue of Canadian Public Policy reported that over 95% of the Canadian economists polled agreed with the statement.
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