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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Traffic is worse for at least three reasons: increased population density, rent control and the ``nonportability'' of Proposition 13. But a real estate investor knowledgeable in buying such properties where rent control restrictions are in place said that the complex likely contained opportunities that a savvy real estate operator could exploit to significantly improve rents. New York City is running a deficit, but the city council still dredged up $75,000 to organize city residents in support of rent control. |
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