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Rent Control: Pros And Cons

Part one of term paper
Evaluate the pros and cons of rent control and rent stabilization in NYC. Rent control is the government imposition of price ceilings on rent for apartments in certain areas of a city. The goal is usually to protect the rights of the poor. Thus, in a rent controlled or rent stabilized building, the amount of rent will not increase as quickly ...

Part two of term paper
... cannot afford the rent. Limiting the price that a landlord can demand helps maintain a city's ethnic diversity and prevents the creation of slums on the outskirts of the main city. Another thing that proponents say is that by linking rent prices to apartment maintenance and material improvements, rent control actually improves the state of housing. Overall, they argue that the goals of rent control can be reached if they are administered in a careful and just way. The opponents, though, have both ...

Word count: 1268 | Approximate pages: 5

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