Rent control causes newer tenants (read: young people) to pay higher rates than older tenants ( old people) because the old tenants are shielded from market rates.

It’s a policy which enriches old people who never move at the expense of new renters.

LOL sorry facts hurt your feelings.

I know a landlord in a longtime rent stabilized area who would happily pay 50% to the city if he could charge market rates. Some long term tenants are paying a small fraction of the true market rates

Rent control is bad public policy because it makes new tenants subsidize the ones who have lived there longer.

That was before republicans destroyed upward mobility in America.

Sloppier compute architecture needed to drive down costs on sloppier method of computing.