Rent Control in Developing Countries PDF Download

Author: Stephen Malpezzi
Publisher:
ISBN:
Category : Rent control
Languages : en
Pages : 90

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

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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.

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

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

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

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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: Stephen Malpezzi
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 106

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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: Robert M. Fogelson
Publisher: Yale University Press
ISBN: 0300205589
Category : Social Science
Languages : en
Pages : 523

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Book Description
Written by one of the country's foremost urban historians, "The Great Rent Wars" tells the fascinating but little-known story of the battles between landlords and tenants in the nation's largest city from 1917 through 1929. These conflicts were triggered by the post-war housing shortage, which prompted landlords to raise rents, drove tenants to go on rent strikes, and spurred the state legislature, a conservative body dominated by upstate Republicans, to impose rent control in New York, a radical and unprecedented step that transformed landlord-tenant relations. "The Great Rent Wars" traces the tumultuous history of rent control in New York from its inception to its expiration as it unfolded in New York, Albany, and Washington, D.C. At the heart of this story are such memorable figures as Al Smith, Fiorello H. La Guardia, and Oliver Wendell Holmes, as well as a host of tenants, landlords, judges, and politicians who have long been forgotten. Fogelson also explores the heated debates over landlord-tenant law, housing policy, and other issues that are as controversial today as they were a century ago.

Author: Graham Tipple
Publisher: Routledge
ISBN: 1134936575
Category : Science
Languages : en
Pages : 304

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Book Description
First Published in 2004. Housing policies and programmes tend to result from political expediency, rather than a rational and informed analysis of the situation and the demands of individual households for housing. Housing the Poor in the Developing World aims to show how methods of analysis can be used to improve efficacy and equity in housing projects and policies, with analysis designed for local circumstances. This book is aimed at satisfying the need to bring together methods of analysis from several disciplines which can be applied to housing. Each method is presented and illustrated with a case study to show how it can be used to inform housing policy in a wide range of countries in all parts of the developing world.

Author: Catherine Farvacque
Publisher: World Bank Publications
ISBN: 9780821320921
Category : Business & Economics
Languages : en
Pages : 138

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Book Description
This paper attempts to define and assess the various institutional and mechanical elements which constitute a land management system and which have a significant impact on the functioning of land markets. The assumption of this report is that the accumulation over time of different institutions and instruments, which have relfected different priorities and policies, has inhibited the efficient and equitalbe operation of land markets and that reforms of institutions and policies are now urgently needed. (Adapté du résumé des auteurs).