These lefties who promote rent control never, ever accept the consequences of such actions - fewer rental units.
In SoCal, 80% of rentals are owned by “mom and pop” outfits - who are busy selling out to developers as quickly as possible due to rising costs, rent control mandates, people living rent-free for years due to COVID restrictions, exorbitant taxes, fees - owning rentals becomes untenable.
The developers, buy up the properties, come in - they know how to get around all kinds of restrictions - kick out the renters, renovate the units and turn them into pricey condos WAY out of the former renters’ ability to pay.
Then the former renters load up the jalopy and move to Oklahoma, and that round of the cycle is complete.
Fewer rental units is not the worst effect of rent control.
Landlords will refuse to do needed repairs and let the properties deteriorate over time.
It can be many years before the negative impact gets obvious—but rent control is a great way to turn decent areas into slums.