Take from an econ grad student: the simple supply and demand argument against minimum wages and rent control that you learned in Econ 101 are laughably bad.

The reason: there's a ceteris paribus assumption about the rest of the economy that's secretly invoked in those models which *definitely* doesn't hold for markets as important as housing and labor

In simple terms, the "net benefit" (consumer/producer surplus) calculations that you do in Econ 101 are only comparable between two different equilibria if the rest of the economy remains approx. unchanged. Does anyone believe RC and MW have no effect on the rest of the economy?