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Presumably, there is even more pain in the world of rent control. By definition, a submarket rate apartment has a supply/demand imbalance.

There is someone who values the apartment more than you do who can't live there, perhaps denying them the chance to be closer to their job or family. Also, you have less economic incentive to take in a roommate, thus denying another category of potential occupant.

In a rent control system, there are winners and losers. I'm happy that it has worked out well for you, but the survivor bias needs to be pointed out.



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