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Surely there are some cities where there is rent-control in the UK? It's only SF that has this, not "the US".
by frandroid 12y ago
Surely there are some cities where there is rent-control in the UK? It's only SF that has this, not "the US".
- justincormack 12y agoNo, it was abolished for the whole country, cities have no ability to impose it (in fact they have very little power to do stuff). (doesn't New York still have rent control?)
- tedunangst 12y agoNYC has not just rent control, but rent fixed apartments. Which leads to a rentocracy where people inherit 1500/mo leases for 10000/mo apartments and all manner of tricks and lies to make it happen. And then building owners install electronic locks to record visits and prove residents are only living part time in their apartment.
- DanBC 12y agoThere is something called the local housing allowance rates. http://www.cheltenham.gov.uk/info/200008/benefits/565/local_housing_allowance_rates http://www.cheltenham.gov.uk/info/200008/benefits/565/local_... A landlord can charge what they like, but if they want people on benefit to be able to afford the property they should price it near the LHA rates. There are some restrictions on sudden increases once you've got a tennant, but the landlord could just evict the tennant. England has the balance mostly right (I'd prefer some slighty stronger protections for good tennants and fiercer penalties for terrible tennants).