David Bahnsen’s Capital Record

David L. Bahnsen, National Review Institute senior fellow and founder of The Bahnsen Group, provides a guide to understanding how free markets, sound money, and limited government create lasting prosperity.

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The Real Story of Rent Stabilization

A look at why rent stabilization consistently fails to deliver on its promises.

We’ll take on the economic illiteracy of Mamdani grocery stores in a future podcast, but first let’s take on his first policy case of incomprehensible duncery: His public posture on rent control and rent stabilization. This is an easy topic to address even in a 2026 Mamdani context, because nothing has changed since the early mix of rent stabilization with reality – it doesn’t work, and the reasons why are unbelievably predictable.

David L. Bahnsen

David L. Bahnsen is the managing partner of a wealth-management firm and a frequent writer and public commentator on matters of economics, faith and work, and markets.

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