rent control

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rent control,

in economics and law, government regulation of rent to prevent unreasonable or excessive increases. In the United States, the federal government imposed rent control (and other price controls) during World War II, and continued it in several cities after the war because of housing shortages. It was later turned over to the control of individual states and municipalities and has since ended in most locations.
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The NJAA, which submitted an veto request on June 28, said it is confident that the Governor's conditioonal veto deletes what it considers "the most dangerous sections of the bill" and proposes that the Department of Community Affairs conduct a study of rent control and its effects on seniors.
In adopting rent control the Gulf has moved in the opposite direction to the rest of the world.
But apartment owners and developers said they are considering filing a lawsuit because they believe state law prohibits the city from imposing rent control on new apartments.
Indeed, experts across the political spectrum are virtually unanimous that rent control reduces the quantity and quality of housing available, hurting the tenants it is intended to help.
In reality, without rent control and stabilization, we all become helpless victims of the landlord.
The book begins with an overview of the evolution of rent controls in North America.
became the first major American cities to abandon rent controls since 1950.
Contrary to common claims, ending rent control didn't initiate an inflationary spiral.
But even that argument--as questionable as it is in the case of Social Security, given the tremendous waste--cannot be applied to rent controls because the system freezes out thousands of needy.
When did rent control ever encourage the building of a single house or apartment?
The state's General Assembly last week gave its approval to legislation ti introduce rent control on new 55+ senior housing, reversing a longstanding statewide policy of prohibiting municipalities from imposing rent control on new construction for 30 years.
So if rent controls are eliminated, it will result in the decline of currently astronomical rents on newer apartments to a more ``reasonable'' level?