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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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