Cap or freeze rents to protect tenants from steep hikes.
Pros:
It provides immediate financial relief for renters.
It helps long-term tenants avoid displacement.
It stabilizes communities and reduces homelessness risk.
Cons:
It discourages landlord maintenance and investment.
It reduces incentives for new rental construction.
It can trap tenants in units that no longer fit their needs.
Conclusion: Rent control offers short-term relief but should pair with supply-boosting incentives.