The rich and rent controlMassachusetts decided to end rent control in part because only 6% of people in rent-controlled units were poor.Actresses Mia Farrow and Faye Dunaway lived in rent-controlled units for years.Ask: Best allocation of resources?Long-term development issuesCities without rent controls (Dallas, Phoenix) have vacancy rates above 15%.Rent-controlled cities (New York) have vacancy rates around 5%.