from WaPo:

Supreme Court should take on New York City’s rent control laws

"Rent control is unconstitutional because it is an egregious and uncompensated physical occupation of property. The Constitution says that private property shall not “be taken for public use, without just compensation.” The Harmons get no compensation for being coerced into privatized welfare: The state shows compassion to tenants — many of whom are not needy; one of the Harmons’ entitled tenants owns a house on Long Island — by compelling landlords to subsidize them."

An example of a well-intentioned government policy that has metastasized into a system that (often) favors well-connected, wealthy individuals rather than those who truly need assistance.  And makes a horrendously expensive and scarce market for (non-controlled) apartments even worse.