McWilliams: Why we need rent controls

McWilliams: Why we need rent controls
Lessons learned? Pic: Getty

If bringing in rent control is ‘interfering with the market’, then why not get rid of tax breaks which do just that?

It appears to be an article of faith amongst the mainstream that rent controls are a “bad thing”. The last time we had such conformity or groupthink, we had the soft landing brigade reassure the country that “everything would be grand” and their models said so. Well in the end we weren’t so grand, were we?

The economic models of the Irish economy proved not only to be inadequate but they proved to be...

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