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Theres no hot button issue hotter than rent control. Even the most courageous politican quakes at the idea of opposing it. For starters, no one likes landlords. Second, those who benefit from rent control - and there are a lot of them -- vote. And it has huge emotional appeal. Imagine this six oclock news story: a reporter interviews a senior citizen describing how shell have to vacate her small apartment, her home for twenty five years, if her rent control isnt maintained. What politician wants to go up against that? These are just a few of the reasons why, once a city adopts rent control, its almost impossible to dislodge it. But does rent control work? Does it lower or housing costs? And does it increase the building of more affordable housing? It might surprise you to know that nearly all economists -- on the right and the left -- from the late Milton Friedman to Paul Krugman agree that the answer is no. In a survey of 464 economists in the May 1992 issue of American Economic