Imposed from above during an economic emergency, rent control played a significant role both in curbing out-of-control inflation and solving the housing crisis Canada was experiencing at the time. A combination of robust rent control and concurrent investments in public housing saw housing prices fall by as much as 30 percent in real terms between 1975 and 1978.
Okay, where’s the data that the tax cuts proposed do better than rent control?
That paper just takes 3 cities and makes no distinction between different types Of rent control
That paper isn’t really that good at saying what it wants to.