CHECK THESE SAMPLES OF Rent Control is Out of Control
However, tenants outnumber landlords and are usually convinced that rent control is in their best interests, they are likely to invest considerable political energy in maintaining rent control.... Even with the best will in the world, the landlord cannot afford to pay his escalating fuel, labor, and materials bills, to say nothing of refinancing his mortgage, out of the rent increase he can legally charge.... The enjoyment he can derive out of his dwelling space ultimately tends to be reduced to a level commensurate with his controlled rent....
2 Pages
(500 words)
Essay
Controls were scrapped after the war in many places but continued in some cities such as New York and California even to this… rent control is associated with the existence of rapid inflation, and in the 1970s such a situation obtained, causing interest in rent control to be revived.... The deterioration of housing units subject to rent control is such that Vietnamese Foreign Minister... Therefore some kind of control is necessary.... High rents would discourage industries because relocation of workers would be costly, and the arbitrary or unreasonable raising of rents of landlords, exercising their market power, can force workers to move out of areas of employment, with attendant high costs to them....
4 Pages
(1000 words)
Essay
There are different levels of control, however: pre-1947 buildings, rent stabilization buildings, and unregulated apartments.... The result of this argument was that a compromise was reached—23,000 renters were freed of rent constraints out of a group as large as one million.... One thing that was hidden in that agreement was that the next date to re-consider rent constraints would change to a year without elections, thus taking politics out of the decision as much as possible....
2 Pages
(500 words)
Essay
More so, the inclusion of commercial property in the portfolio will offer regular streams of income, for example in form of rent, which can be adjusted periodically thus shielding the investor from the effect of high inflation.... Although, traditionally, commercial property has not been considered an important portfolio holding, especially by individuals, in this paper I will discuss why this class of assets should be considered as a valuable, significant and a conventional constituent of an investment… I will outline, to the board of trustees, why inclusion of commercial property can be an effective supplementary investment, for example used to further diversity the current portfolio, which includes stocks (60%) and bonds (40%)....
6 Pages
(1500 words)
Essay
Furthermore, the security of tenure availed by private property owners, of between six and twelve months is not sufficient for some families particularly because the landlords have control of these regulations hence can make adjustments relative to their own interests5.... It has been a forecast that the private rented sector will form more… The cost of private renting is no longer proportional to wages and this implies it has become increasingly costly for tenants and through the housing benefit bill supposed to subsidize rents for households on lower incomes, the Additionally, housing benefits have an inflationary impact on the levels of rent especially at the lower end of the market thereby worsening the situation3....
18 Pages
(4500 words)
Essay
However, the are other influences of rent control different from the common observation and conception that elimination of the controls is more efficient as it could provide a more desirable housing market for potential investors.... Resolutely, this essay focuses on explicating effects of re-introducing rent control on the market for housing based... Significantly, rent regulation has been… The period between 1905 and 1989 marked the first implementation of rent regulations....
5 Pages
(1250 words)
Essay
rent control is basically a practice that sets price controls for the residential housing industry.... … rent control Marcus: Laws that govern residential housing are fundamental in ensuring that the interests of tenants are safeguarded and that tenants are not exploited by residential house owners as residential housing demand rises.... Renters prone to exploitation and victimization in regard to rent and eviction have sought solace in rent control laws.
Stephanie: Marcus highlighted crucial information about rent controls in the United States, but failed to consider whether they are relevant in the contemporary times....
2 Pages
(500 words)
Essay
These statements set out a strategy for housing development and improvement based on a review of housing conditions in the locality.... Rental payments are highly dependent on housing benefits and more investment, with higher rent levels and lower direct FUNDING SOCIAL HOUSINGIntroductionIt is argued that social housing in the UK currently faces affordability and investment problems.... Rental payments are highly dependent on housing benefits and more investment, with higher rent levels and lower direct subsidy, requires more expenditure on housing benefits if affordability problems are to be avoided....
9 Pages
(2250 words)
Essay