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Benefits (and Losses) from Rent Control in the Philippines: An Empirical Study of Metro Manila

  • Ballesteros, Marife M.
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    This study examines benefits (and losses) from the rent control law in Metro Manila. The results show that net benefits from rent control are positive and targets mainly the poor families. However, benefits have negligible effects on income. They also tend to be eroded by the regressive effects of rent control on supply of rental housing, in particular, the strict eviction provisions of the law. Stiff competition for low-priced rental housing, low quality of housing for the poor, higher rents for the uncontrolled sector, and misallocation of resources are the possible effects of rent control on housing. It is recommended that government find other alternative schemes to the rent control law. Possible schemes include the provision of rental allowances to the poor; provision of low-cost financing to landlords, including those who are into self-help housing; and rent of government land on leasehold basis to developers interested to go into rental housing.

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    File URL: http://serp-p.pids.gov.ph/serp-p/download.php?d=2354&s=3
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    This book is provided by Philippine Institute for Development Studies in its series Research Paper Series with number RPS 2002-09 and published in .
    Handle: RePEc:phd:rpseri:rps_2002-09
    Contact details of provider: Postal: NEDA sa Makati Building, 106 Amorsolo St., Legaspi Village, Makati City,
    Web page: http://www.pids.gov.ph/Email:


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    1. Raymond J. Struyk, 1988. "The Distribution of Tenant Benefits from Rent Control in Urban Jordan," Land Economics, University of Wisconsin Press, vol. 64(2), pages 125-134.
    2. Olsen, Edgar O, 1972. "An Econometric Analysis of Rent Control," Journal of Political Economy, University of Chicago Press, vol. 80(6), pages 1081-1100, Nov.-Dec..
    3. Smith, Lawrence B & Rosen, Kenneth T & Fallis, George, 1988. "Recent Developments in Economic Models of Housing Markets," Journal of Economic Literature, American Economic Association, vol. 26(1), pages 29-64, March.
    4. Hubert, Franz, 1995. "Contracting with costly tenants," Regional Science and Urban Economics, Elsevier, vol. 25(5), pages 631-654, October.
    5. Ballesteros, Marife M., 2001. "The Dynamics of Housing Demand in the Philippines: Income and Lifecycle Effects," Discussion Papers DP 2001-15, Philippine Institute for Development Studies.
    6. Basu, Kaushik & Emerson, Patrick, 1998. "The economic and law of rent control," Policy Research Working Paper Series 1968, The World Bank.
    7. Sweeney, James L., 1974. "A commodity hierarchy model of the rental housing market," Journal of Urban Economics, Elsevier, vol. 1(3), pages 288-323, July.
    8. Richard Arnott, 1995. "Time for Revisionism on Rent Control?," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 99-120, Winter.
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