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In the Freakonomics podcast: Why Rent Control Doesn't Work, the host argues that rent control creates over-consumption. What does this mean, why is it bad,

In the Freakonomics podcast: Why Rent Control Doesn't Work, the host argues

that rent control creates over-consumption. What does this mean, why is it bad, and

why might it happen?

In that same Freakonomics episode, they discuss how building restrictions and permitting

are the biggest contributor to high rent prices. Describe this problem and its solution.

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