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Bringing Supply and Demand TogetherBecause living in rent controlled apartments is a good deal, one which would be lost by moving, tenants are very reluctant to move and give up their governmentally granted right to a below-market rent
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səhifə | 12/18 | tarix | 02.04.2022 | ölçüsü | 3,11 Mb. | | #84988 |
| Bringing demand and supply togetherBecause living in rent controlled apartments is a good deal, one which would be lost by moving, tenants are very reluctant to move and give up their governmentally granted right to a below-market rent apartment. - Because living in rent controlled apartments is a good deal, one which would be lost by moving, tenants are very reluctant to move and give up their governmentally granted right to a below-market rent apartment.
Because the rents received by landlords are constrained at below market levels, the rate of return on housing investments falls compared to that on other forms of real estate not subject to rent controls, reducing the incentives to construct new rental housing. - Because the rents received by landlords are constrained at below market levels, the rate of return on housing investments falls compared to that on other forms of real estate not subject to rent controls, reducing the incentives to construct new rental housing.
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