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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Is this what the Alberta government wants: deteriorating rental buildings like many in parts of rent controlled Winnipeg and Vancouver?
Once tenants get their coveted rent controlled apartments, they rarely give them up, even when their kids move out or when they buy a house in the suburbs.
Since other laws limit the annual increase for rent controlled tenants to 7.
The cottages now house tour rent controlled tenants, one rent stabilized tenant and two building employees.
There are only 490 rent controlled families making over $150,000 a year, but 3,136 if the income level is dropped to $100,000.
There were 1,912 rent controlled households bringing in over $70,000 a year but less than $100,000, while 53,309 rent stabilized households earned over $70,000 and less than $100,000.
New York Post Article 12/6/96: Lifestyles of the Rich and Famous Often Dirt Cheap (by Kyle Smith): "Celebrities and politicians have long lived a life of luxury in glorious rent controlled apartments at dirt cheap prices.
Amazing as it seems, the apartment is still rent controlled because of succession laws.
Liossatos el al, following the death of the rent controlled prime tenant, the decedent's nephew came forward, asserting that he was in occupancy of the apartment and was entitled to succeed to the rent controlled tenancy.
As a result of the vacancy decontrol law passed by the New York State Legislature more than two decades ago, New York City's rent controlled housing stock has significantly diminished.
Believe it or not, such increases are easier to obtain for rent controlled units than rent stabilized units.
Depending on the date of the order, it may have also created rent controlled tenancies of the then legal tenants.