Understand? I'd not, I suggest reading any basic economics text.
Rent control in standard economic theory
http://homepages.wmich.edu/~u5nwaogu/Overhead/Chapter%206%20...
Rent control in practice in SF
http://www.nytimes.com/2013/06/07/opinion/king-of-my-castle-...
http://mjperry.blogspot.com/2011/05/because-of-rent-control-...