ISN'T it odd that the people who argue against rent controls
are usually the people who own the houses, and their old maxim that rent controls
builds slums is another one of the landed gentry myths.
The second part removes Oregon's statewide ban on rent controls
YES Malcolm Warrack managing director, Cullen Property While many of the Scottish Government proposals for a new private rented sector tenancy will enhance security and flexibility for both tenants and landlords, evidence points to the fact rent controls
will hinder investment in the sector, dis-incentivising small and large landlords from participating and/or maintaining their properties to a high standard.
Across the State of New Jersey, this policy to exempt new rental housing from local rent controls
has been essential to the economic development we have seen in our urban centers," said the NJAA in a statement.
In 1970, the city of Cambridge imposed far-reaching rent controls
on residential properties built prior to 1969, placing strict caps on rent price increases and implementing policies that made it difficult for property owners to remove rent controlled units from the rental stock.
Asia has also followed the trend: China, Japan, Malaysia and Singapore have lifted rent controls
since the early 2000s.
The ordinance passed Tuesday requires rent controls
on those replacement complexes.
While admitting it was "a strong possibility" that rent controls
could dissuade investment in the city, she contends, "The thing is--people are hurting right now .
Louis, which never had rent controls
, have suffered massive e abandonment.
Because rental housing accounts for more than a third of most tenants' income, rent controls
are a very sensitive issue for the renting public.
The best-known example is New York, which retains rent controls
from the temporary wartime price regulations imposed during World War II.
Last summer, in-fighting among Republicans prevented New York City's World War II-vintage rent controls
from being abolished.