Benjamin Tal has previously noted, correctly I think, that there needs to be a shift in the public's perception of renting vs. owning: that people need to be corrected in their automatic assumption that buying any house at any price is always a good investment, and that renting is always a poor choice.  He feels that renting needs to become more popular than it currently is.  What intelligent person is going to subject themselves to a contractual agreement with someone who has likely overpaid for a property, and can by law hand that poor choice onto his/her tenant as interest rates rise?  When the tenant changes the landlord is already free to increase the rent at will - what more needs to be done to appease developers?  Haven't they already had one of the best decades on record?  Intelligent renters understand the value of rent control.