Lets not make this a pissin contest ;0)
It just like apartments in New York City. Control rents to “help” the poor and guarantee a shortage of affordable housing. The flip side of this is that the better educated more prosperous will snap up those subsidized/controlled apartments (rent control is just a subsidy paid by the landlord to the tenant in the form of foregone rent). They are much more proficient at gaming the system than the poor. Therefore, you wind up not only with a shortage, but with the poor being victimized by this shortage much more than if the product/housing was decontrolled and supply was allowed to increase. NYC’s solution, billion dollar subsidies to renters and billion dollar subsidies to builders. Complete insanity that is being replayed around the globe in different circumstances but with similar results.