Author: Milton FriedmanPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 374
Book Description
Rent Control, Myths & Realities
Author: Milton FriedmanPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 374
Book Description
Costs and Benefits of Rent Control
Author: Stephen MalpezziPublisher: World Bank Publications
ISBN:
Category : Housing
Languages : en
Pages : 146
Book Description
Over the past forty years, rent control has been a feature of housing in Ghana. This study focuses on the housing market in Kumasi, the second largest city in Ghana. The authors examine the characteristics of rent control in force there, and assess the costs and benefits of rent control, on landlords and tenants alike. These controls have been successful in ensuring that housing is very inexpensive for most households, in both absolute terms and in proportion of income devoted to rent. Because of these controls, landlords have been deprived of economic returns from their property. Therefore, they have tended to withdraw stock from renting to use for their own family members and to reduce maintenance. Rent control is not the only constraint on the housing market in Kumasi or in Ghana. This study also describes other supply side and regulatory constraints, including those affecting land, finance, and choice of building design and materials. A number of options for relaxation (decontrol) are studied with the aid of a simple present value model. Along with decontrol of new construction it is recommended that floating up and out of controls over a period of about 5 years, should be considered, along with policy changes to ensure ready supplies of land, finance, and building materials. Finally, building a political consensus behind decontrol is not independent of but is more important than the technical means chosen for decontrol or relaxation.
The Benefits and Costs of Rent Control in New York City
Author: Richard Walter AultPublisher:
ISBN:
Category : Rent control
Languages : en
Pages : 252
Book Description
Analyzing Rent Control
Author: Michael P. MurrayPublisher:
ISBN:
Category : Rent control
Languages : en
Pages : 72
Book Description
Rent Control in Developing Countries
Author: Stephen MalpezziPublisher:
ISBN:
Category : Law
Languages : en
Pages : 108
Book Description
Measuring the Costs and Benefits of Rent Control
Author: Rent Control
Author: Charles W. BairdPublisher: Cato Institute
ISBN: 1937184404
Category : Political Science
Languages : en
Pages : 117
Book Description
In this study, Dr. Charles Baird addresses the rent control boom currently underway in the United States. Beginning with the fundamentals of supply and demand for housing, Baird expands his analysis to include questions of equity, housing availability, and special interest manipulation of regulatory statutes. He shows that high housing costs do not occur in a vacuum but are related to many other governmental policies including zoning, housing codes, and environmental issues.
Residential Rent Controls
Author: Anthony DownsRent Control
Author: William Dennis KeatingPublisher: Routledge
ISBN:
Category : Law
Languages : en
Pages : 276
Book Description
Rent control, the governmental regulation of the level of payment and tenure rights for rental housing, occupies a small but unique niche within the broad domain of public regulation of markets. The price of housing cannot be regulated by establishing a single price for a given level of quality, as other commodities such as electricity and sugar have been regulated at various times. Rent regulation requires that a price level be established for each individual housing unit, which in turn implies a level of complexity in structure and oversight that is unequaled. Housing provides a sense of security, defines our financial and emotional well-being, and influences our self-definition. Not surprisingly, attempts to regulate its price arouse intense controversy. Residential rent control is praised as a guarantor of affordable housing, excoriated as an indefensible distortion of the market, and both admired and feared as an attempt to transform the very meaning of housing access and ownership. This book provides a thorough assessment of the evolution of rent regulation in North American cities. Contributors sketch rent control's origins, legal status, economic impacts, political dynamics, and social meaning. Case studies of rent regulation in specific North American cities from New York and Washington, DC, to Berkeley and Toronto are also presented. This is an important primer for students, advocates, and practitioners of housing policy and provides essential insights on the intersection of government and markets.
Author: Anthony Downs