tenants

Yes, the market would be more efficient with no price controls but at the cost of replacing low income tenants with higher income tenants.

The lost time is wasted on unqualified tenants, competing over the few qualified tenants, negative ROI marketing (featuring on NYTimes.com or posting bad photos), etc.

They're the owners of land and housing, and have the tenants pay for the privilege of living there —effectively, tenants partially work for their landlord.

Commercial landlords want long term tenants, not people going out of business in one or two years.

This is especially bad in music and specifically hip hop where building on earlier music is one of the core tenants.

Startups are notoriously bad tenants as a class, whose life cycle is too short.

Your post assumes that the point of rent control is to provide some housing inventory that is below market value for new tenants.

In Los Altos, Brandon Williams crams 14 tenants into a four-bedroom, two-bathroom house -- where monthly rates for a bed start at $1,000.

If they build on a property with rent-controlled units, they have to replace those rent-controlled units in the new building and provide housing for the tenants somewhere else while the building is being built.

Property managers deal with the tenants: marketing, hiring brokers, approving/rejecting tenants, getting the paperwork signed, accepting rent.

The underlying philosophical tenants of this article are spot on.

You get some very long term tenants, but so what?

To those saying that the question is essentially asking "predict a coin flip" without knowing if the coin is biased or not ascribe to the tenants of Frequentist probability.

You would need to find a precedent for an "open to the public" property's owner's right to restrict visitors from ( off property) telling others what merchant-tenants were offering, under what terms, on that property.

In large cities, you can even "sell" the air rights, so fancy buildings will buy the top whatever "floors" of neighboring buildings to keep them low and allow fancy tenants to keep their nice views.

That is distinct from "rent control" in NYC, which caps rents and is a much stronger measure, but only applies to tenants living in the same place since July 1st 1971, or March 31 1953 if it's an apartment in a 1 or 2 family home.