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Bringing Supply and Demand TogetherWhere rent controls are truly effective, there is generally little new construction going on and a shortage of apartments that persists and grows over time
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səhifə | 13/18 | tarix | 02.04.2022 | ölçüsü | 3,11 Mb. | | #84988 |
| Bringing demand and supply togetherWhere rent controls are truly effective, there is generally little new construction going on and a shortage of apartments that persists and grows over time. - Where rent controls are truly effective, there is generally little new construction going on and a shortage of apartments that persists and grows over time.
Since landlords are limited in what rent they can charge, there is little incentive to improve or upgrade rental apartments in order to get more rent. - Since landlords are limited in what rent they can charge, there is little incentive to improve or upgrade rental apartments in order to get more rent.
- In fact, there is some incentive to avoid routine maintenance, thereby lowering the cost of apartment ownership to a figure approximating the controlled rental price.
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