Why the NZ government is right to rule out rent controls as a housing crisis solution
- Written by James Graham, Lecturer in Economics, University of Sydney
Having floated the prospect of introducing rent controls just last week, it seems the government has already ditched the proposal.
In tentatively raising the idea, Associate Minister for Housing Poto Williams pointed out the need for policy solutions to the problem of rapidly rising housing costs. However, Prime Minister Jacinda Ardern...