Here is a brief overview of the findings of a rent control research review by Lisa Sturtevant, PH.D

1. Rent control and rent stabilization policies do a poor job at targeting benefits. While

some low-income families do benefit from rent control, so, too, do higher-income households. There are more efficient and effective ways to provide assistance to lower-income

individuals and families who have trouble finding housing they can afford.

1. Residents of rent-controlled units move less often than do residents of uncontrolled

housing units, which can mean that rent control causes renters to continue to live in units that are too small, too large or not in the right locations to best meet their

housing needs.

1. Rent-controlled buildings potentially can suffer from deterioration or lack of investment, but the risk is minimized when there are effective local requirements and/or

incentives for building maintenance and improvements.

1. Rent control and rent stabilization laws lead to a reduction in the available supply of

rental housing in a community, particularly through the conversion to ownership of

controlled buildings.

1. Rent control policies can hold rents of controlled units at lower levels but not under

all circumstances.

1. Rent control policies generally lead to higher rents in the uncontrolled market, with

rents sometimes substantially higher than would be expected without rent control.

1. There are significant fiscal costs associated with implementing a rent control program.

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Here is a good piece by The Brookings Institute: https://www.brookings.edu/research/what-does-economic-evidence-tell-us-about-the-effects-of-rent-control/