The laws may assist lower-income renters initially, they say, but experience shows that
rent controls only worsen problems in the long run.
YES I appreciate that many economists say
rent control forces rent down, which can lead to landlords reducing the of rental property.
Phoenix Spree emphasised the NAV discount was "in line" with its German-listed peers and reflects market concerns about unspecified reports that the Berlin state government may announce new
rent controls in August.
Rent controls are promoted as a means of controlling landlords, but they also control prospective tenants' demands for amenities and features.
She said
rent controls were used across the world to prevent rents from rising too quickly.
RENT CONTROL IS A HIGHLY CONTENTIOUS ISSUE IN THE PROPERTY MANAGEMENT WORLD.
You only have to look at the vibrant cities of Europe, where most housing is rented, to see that
rent controls are good for the economy and the environment.
YES Neil Livingstone managing director, Douglas Dickson Property Management
Rent controls do not work.
The Association believes the decades-old policy to exempt new rental housing from local
rent controls has been essential to the economic development of northern New Jersey in partciular.
The state referendum to ban
rent controls narrowly passed, by a 51-to-49 percent margin.
"Since
rent controls were imposed in Winnipeg in the early seventies," Owens comments, "there hasn't been one new unit of multiple-housing built with private money.
There are few issues in housing, and public policy in general, that generate more vitriolic debate than
rent controls. Because rental housing accounts for more than a third of most tenants' income,
rent controls are a very sensitive issue for the renting public.