Rent Control Reduces the Building of New Apartments As rent control began to be debated in Ontario, the construction of new apartments plummeted. After rent control was put into place, fewer apartments were built than non-rent-controlled homes.

Source: Smith, Lawrence B. 1988. An economic assessment of rent controls: The Ontario experience. Journal of Real Estate Finance and Economics 1: 217–231. Note: These figures are for private, unsubsidized housing.