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Rent Regulation: A Conceptual And Comparative Analysis

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  • Hans Lind
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    Abstract

    Rent regulations can take many forms and have different purposes. It is argued that the often-used distinction between first- and second-generation rent control is too crude to be useful. Five main types of rent control are identified instead. The first dimension concerns whether the control covers rent changes for sitting tenants or rents generally. The second dimension is whether the aim is to protect the tenants against rents over the market level, against sudden big increases in rents or if the aim is to keep rents permanently below market levels in attractive areas. The typology is used to classify and compare the rent control systems in a number of European countries and North American cities. It is also used to describe typical patterns of change from 'harder' to 'softer' rent controls.

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    Bibliographic Info

    Article provided by Taylor and Francis Journals in its journal European Journal of Housing Policy.

    Volume (Year): 1 (2001)
    Issue (Month): 1 (April)
    Pages: 41-57

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    Handle: RePEc:taf:eurjhp:v:1:y:2001:i:1:p:41-57

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    Related research

    Keywords: Rent Control Housing Market Market Rents Comparative Analysis;

    References

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    1. Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
    2. Nagy, John, 1997. "Do Vacancy Decontrol Provisions Undo Rent Control?," Journal of Urban Economics, Elsevier, vol. 42(1), pages 64-78, July.
    3. Heffley, Dennis, 1998. "Landlords, tenants and the public sector in a spatial equilibrium model of rent control," Regional Science and Urban Economics, Elsevier, vol. 28(6), pages 745-772, November.
    4. Anas, Alex, 1997. "Rent Control with Matching Economies: A Model of European Housing Market Regulation," The Journal of Real Estate Finance and Economics, Springer, vol. 15(1), pages 111-37, July.
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    Cited by:
    1. Munch, Jakob Roland & Svarer, Michael, 2002. "Rent control and tenancy duration," Journal of Urban Economics, Elsevier, vol. 52(3), pages 542-560, November.
    2. Michael Svarer & Michael Rosholm & Jacob Roland Munch, 2003. "Rent Control and Unemployment Duration," CAM Working Papers 2003-07, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
    3. Lind, Hans, 2007. "The story and the model done: An evaluation of mathematical models of rent control," Regional Science and Urban Economics, Elsevier, vol. 37(2), pages 183-198, March.

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