There is a reason why nearly every economist agrees that rent control is a disaster.

His capital is safe, so he thinks.I love to hear the doomsday economists, but I have yet to hear anything in this thread stating what they would recommend. 

Dr Sowell is a Stanford University economist describes this situation perfectly.  

Within this context, the City and Gaston County are fast becoming what economists refer to as a “regional retail center.” 

The most respected economists and financial engineers are often wrong in their forecasts.

**********************************************"Price drops are still rare, but the fact that they are becoming more frequent is one clear sign that the housing market is cooling," said Daryl Fairweather, Redfin's chief economist.

At the time, economists pointed out that some 80% of builders and developers went under resulting in new construction coming to a virtual stand-still.

Virtually every economist points out the various flaws in rent control. 

Some economists are claiming that this raise was already priced into current mortgage rates ranging in the 7s hinting to a possible natural decrease to the low 6s without any further action. 

I have mentioned this in other posts before but they employ economists and quants, and they make them available to connect with and talk to directly.