 |
|
 |
 |
|
|
Forum
-> Interesting Discussions
|
amother
Lemon
|
 Thu, Jul 28 2016, 11:15 am
|
I often hear this term and it simply makes no sense to me. Plz explain. Thanks.
| |
|
| Back to top |
 0
|
besty
|
Thu, Jul 28 2016, 11:22 am
|
rent control housing is houses which the rent is controlled by the government.
| |
|
| Back to top |
1
|
|
amother
Lemon
|
Thu, Jul 28 2016, 11:32 am
| besty wrote: | | rent control housing is houses which the rent is controlled by the government. |
Thank you. So I'm assuming the government owns the property? Otherwise why are they telling someone what to charge in rent? What are both sides of the argument?
| |
|
| Back to top |
0
|
LittleDucky
|
Thu, Jul 28 2016, 2:29 pm
The apartments are owned by regular individuals but the government has decided that the owner cannot raise the rent (besides for a minimal percentage usually)'except when a tenant moves out and at that point the landlord can charge market rates. But again, can't raise rents with that tenant. The government does this so people won't get forced out of their apartments because they can't afford it.
Highly controversial. Landlords hate it because they have to provide upkeep but can't increase the rent. Many of the slumlords are in rent controlled units. (Not all, but a nice amount).
Potential renters hate it because it doesn't encourage people to ever move and it creates artificially high rents as when one tenant leaves the landlords try to increase the empty apartment to make up for the low rent they had been getting/get on other units.
| |
|
| Back to top |
2
|
| Related Topics |
Replies |
Last Post |
|
|
Baltimore housing market
|
59 |
Thu, Apr 25 2024, 11:04 pm  |
|
|
Nude tights without control top
|
0 |
Tue, Apr 09 2024, 6:54 pm |
|
|
Buy a house or rent
|
23 |
Tue, Apr 09 2024, 9:49 am |
|
|
Educate me on wig brands
|
11 |
Sun, Apr 07 2024, 5:40 am |
|
|
Shabbos simcha rental plz help!!
|
10 |
Tue, Apr 02 2024, 1:13 pm |
|
|
Imamother may earn commission when you use our links to make a purchase.
© 2024 Imamother.com - All rights reserved
|  |
 |
|
 |
|
|
