rent control
Capped housing costs
Rent control refers to government regulations that limit how much landlords can charge for housing or how much they can raise rents over time.
These laws typically apply to residential properties in cities with tight housing markets, aiming to keep housing affordable for existing tenants.
Economists debate rent control's effectiveness, with critics arguing it discourages new construction and maintenance while supporters contend it protects vulnerable renters from displacement.
The apartment has been under rent control since the 1970s.
Property owner renting out
- tenantOne who rents property
- leaseTemporary use contract
- rental marketHousing available for lease
- housing shortageLack of available dwellings
vacancy rate · turnover · decontrol · market rate · housing stock · apartment · gentrification · displacement
Shelter scaled to earnings
- low-incomeEarning below average wages
- housing benefitPayment toward accommodation costs
- rental assistanceFinancial help for tenants
- income bracketEarnings-based classification level
eligibility · means-tested · sliding scale · housing subsidy · senior housing · Section 8 · voucher · public housing
Safeguards for rental occupants
- housing codeLaws governing dwelling conditions
- price ceilingMandated maximum charge
Multi-unit urban dwelling
- high-riseMultistory tall building
- metropolisLarge important city
- boroughAdministrative town or district
- downtownCentral business district
brownstone · walkup · urban density · neighborhood · municipal · row house · mixed-use
landlord
Property owner renting out
- tenantOne who rents property
- leaseTemporary use contract
- rental marketHousing available for lease
housing shortage · vacancy rate · turnover · decontrol · market rate · housing stock · apartment · gentrification · displacement · speculation
affordable housing
Shelter scaled to earnings
- low-incomeEarning below average wages
- housing benefitPayment toward accommodation costs
- rental assistanceFinancial help for tenants
income bracket · eligibility · means-tested · sliding scale · housing subsidy · senior housing · Section 8 · voucher · public housing · housing lottery
tenant protection
Safeguards for rental occupants
- housing codeLaws governing dwelling conditions
- price ceilingMandated maximum charge
tenement
Multi-unit urban dwelling
- high-riseMultistory tall building
- metropolisLarge important city
- boroughAdministrative town or district
downtown · brownstone · walkup · urban density · neighborhood · municipal · row house · mixed-use
- rent
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- city lawscity charter, city charters, housing laws, traffic rules, zoning laws
- housing rulesfair housing, zoning, tenant rights, eviction laws, housing permits
- housing trendshousing bubble, housing shortage, affordable housing, gentrification, suburbanization
- local regulationsnoise ordinances, zoning, building codes, housing codes, health codes
rent controllaissez-faire economics
Minimal state economic involvement
deregulation · privatization · Reaganomics · Thatcherism · supply-side economics