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> In Prague, they started removing rent controls several years ago, and we have seen highest increase in property values in maybe three decades. Cant speak for
by conanbatt 8y ago
> In Prague, they started removing rent controls several years ago, and we have seen highest increase in property values in maybe three decades.
Cant speak for prague, but if you remove rent-controls, rent is going to go up, simlpy because suppressed rent values will go up.
If volume remained the same, you would expect to see a decrease in some properties and a high increase in the de-regulated ones.
Bear in mind that there is also elasticity: if more properties go on the market and prices go down, you could see a higher volume of people coming in. That's a much better metric of success than price.