> Rent controls, are just obviously awful things, and the data supports this. You [...] disincentivize capital creating more supply causing a supply constraint raising prices in the long term.

So I live in a country with no rent controls with very high rents and housing costs. The capital is disincentivized from creating more supply by the fact that creating more supply devalues existing supply.

Rent controls would 1. lower the rent (obviously), 2. lower the price of existing apartments since the profit you make on them is lower, 3. like a sibling comment points out, hammer the profits of capital.

> Taxing the rich lowers the velocity of money, disincentivizes capital to search for more profit seeking enterprises.

Wow... Taxing the rich means less taxes for the poor means more people with money/time to start their own companies.