Access and affordability: Rent regulation

Haffner, M, Elsinga, M and Hoekstra, J 2012, 'Access and affordability: Rent regulation' in S. J. Smith, M. Elsinga, L. Fox O'Mahony, O. Se. Eng and S. Wachter (ed.) International Encyclopedia of Housing and Home, Elsevier, Oxford, pp. 40-45.


Document type: Book Chapter
Collection: Book Chapters

Title Access and affordability: Rent regulation
Author(s) Haffner, M
Elsinga, M
Hoekstra, J
Year 2012
Title of book International Encyclopedia of Housing and Home
Publisher Elsevier
Place of publication Oxford
Editor(s) S. J. Smith, M. Elsinga, L. Fox O'Mahony, O. Se. Eng and S. Wachter
Start page 40
End page 45
Subjects Housing Markets, Development, Management
Summary Rent control or rent regulation, aims to keep private rental housing affordable and accessible for tenants. Rent controls are also motivated by a desire to assist the disadvantaged in what are believed to be imperfectly competitive markets. However, from a traditional economic point of view, rent regulation will not achieve these aims. The costs seem to outweigh the benefits though rent regulation is a complex matter, and the empirical evidence on its effects is mixed. Governments continue to persevere with rent controls especially when markets are deemed to be imperfectly competitive. Welfare economics may provide a rationale for rent control.
Copyright notice © 2012 Elsevier
ISBN 9780080471716
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