Review of Rent Control in Developing Countries PDF Download

Author: United Nations. Department of Economic and Social Affairs
Publisher:
ISBN:
Category : Housing policy
Languages : en
Pages : 112

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Author: William Dennis Keating
Publisher: Routledge
ISBN:
Category : Law
Languages : en
Pages : 276

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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: Stephen Malpezzi
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 108

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Author: Stephen Malpezzi
Publisher: World Bank Publications
ISBN:
Category : Housing
Languages : en
Pages : 146

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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.

Author: Milton Friedman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 374

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Author: Matthew Yglesias
Publisher: Simon and Schuster
ISBN: 1451663293
Category : Business & Economics
Languages : en
Pages : 85

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From prominent political thinker and widely followed Slate columnist, a polemic on high rents and housing costs—and how these costs are hollowing out communities, thwarting economic development, and rendering personal success and fulfillment increasingly difficult to achieve. Rent is an issue that affects nearly everyone. High rent is a problem for all of us, extending beyond personal financial strain. High rent drags on our country’s overall rate of economic growth, damages the environment, and promotes long commutes, traffic jams, misery, and smog. Yet instead of a serious focus on the issue, America’s cities feature niche conversations about the availability of “affordable housing” for poor people. Yglesias’s book changes the conversation for the first time, presenting newfound context for the issue and real-time, practical solutions for the problem.

Author: Peter Nijkamp
Publisher: Elsevier
ISBN: 9780444821386
Category : Business & Economics
Languages : en
Pages : 804

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Fifteen essays in this handbook are divided into four parts. Part I surveys basic spatial and spatially related research; Part II surveys literature on specific urban markets; Part III is devoted to studies of urban development and problems in developing countries.; Part IV contains papers on specific urban problems and sectors.

Author: Khalid ElFayoumi
Publisher: International Monetary Fund
ISBN: 151357020X
Category : Business & Economics
Languages : en
Pages : 97

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Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues.

Author: Thomas M. Selden
Publisher: World Bank Publications
ISBN:
Category : Budget
Languages : en
Pages : 61

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Benefit incidence analysis offers an important perspective on budgets and can illuminate the distributional impacts of proposed reallocations of government resources among projects.

Author: Leslie Kilmartin
Publisher: Concept Publishing Company
ISBN: 9788170222842
Category : Housing
Languages : en
Pages : 348

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