The Washington Monthly

There's nothing liberal about rent control.

The Washington Monthly | June 1, 1986 | Copyright

THERE'S NOTHING LIBERAL ABOUT RENT CONTROL

A single 38-year-old correspondent for ABC News is participating in an interesting program in New York City. Despite his salary of $70,000, he qualified for a roughly $1,000 discount in rent for his one-bedroom Manhattan apartment. He pays $560 a month. His secretary isn't quite so fortunate; she's not in the program. Although she makes less than a third of his income, she is paying $1,000 per month for an apartment half the size.

If the program were welfare, we'd call the lucky man a cheat; if he were a defense…

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