Acton Institute Powerblog

What you should know about rent controls

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Note: This is post #26 in a weekly video series on basic microeconomics.

Rent controls are a type of price ceiling where the government regulates the amounts charged for rented housing. In this video by Marginal Revolution University, Alex Tabarrox shows how rent controls reduce the quality of housing and create shortages by reducing the supply of apartments available on the market.

(If you find the pace of the videos too slow, I’d recommend watching them at 1.5 to 2 times the speed. You can adjust the speed at which the video plays by clicking on “Settings” (the gear symbol) and changing “Speed” from normal to 1.25, 1.5 or 2.)

Previous in series: How price controls can hurt the poor

Joe Carter

Joe Carter is a Senior Editor at the Acton Institute. Joe also serves as an editor at the The Gospel Coalition, a communications specialist for the Ethics and Religious Liberty Commission of the Southern Baptist Convention, and as an adjunct professor of journalism at Patrick Henry College. He is the editor of the NIV Lifehacks Bible and co-author of How to Argue like Jesus: Learning Persuasion from History's Greatest Communicator (Crossway).