4 ms·
Rent control usually causes rents to go up in the non-rent controlled areas. It just accelerates the unaffordability of all housing.
by daemoens 4y ago
Rent control usually causes rents to go up in the non-rent controlled areas. It just accelerates the unaffordability of all housing.
- finikytou 4y agonot only that. rent control also causes less properties to be for rent. if its not making enough money renting my property with bother? ill just keep it empty until price climbs and ill sell it. in paris they pushed rent control + they forbid you to rent your appartement is the apartment is not energy efficient enough. guess what? people that should renovate for becoming energy efficient have no real incentive to do it because anyway renovating an apartment will not allow them to rent it at higher price. they'll just hold onto it or sell it.
- nextos 4y agoRent control in Copenhagen is perhaps different than in other places, as there is just a very light control to avoid crazy prices and scams. In practice, it's a free market and landlords have by no means been discouraged to offer flats.