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Rent control (view source)

Revision as of 01:29, April 9, 2007

319 bytes added ,  01:29, April 9, 2007
New page: Rent control is a government regulation prohibiting landlords from increasing rent beyond a certain amount. It causes a shortage in housing because it removes the incentive for landlo...
Rent control is a government regulation prohibiting landlords from increasing rent beyond a certain amount. It causes a [[shortage]] in housing because it removes the incentive for landlords to incur costs to build or renovate new units. To address such a shortage, sometimes rent control will not apply to new units.
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