This is Paul Krugman, Nobel Prize winner from the New York Times, said the fact that rent control is bad is one of the best understood and least controversial ideas in all of economics. Sweden actually had [rent control] nationally and an economist did a study of it and he said rent control is the best way to destroy a city, except for bombing. because what it does is it destroys the economic incentives to invest in buildings to improve them. (09:50–10:01)
CLAIM
Asserts that a study in Sweden found rent control to be highly detrimental to cities.
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