Rent Control

Rent Control was first published in 1987 and discusses the economics of rent control, citing numerous international examples of the detrimental effects of rigid rent control. It examines policy options to revamp rental housing markets and argues that partial repeals have been ineffective. Only complete abolition of rent and eviction controls can bring about revitalised housing markets.

Format: Hardback
Length: 144 pages
Publication date: 31 January 2024
Publisher: Taylor & Francis Ltd

First published in 1987, Rent Control delves into the intricate economics of rent control, drawing upon a wealth of international examples to illustrate the detrimental effects of rigid regulations. The book critically examines a range of policy options aimed at revamping rental housing markets, engaging in a rigorous analysis of their potential outcomes. Rent control has proven to be a contentious issue, polarizing interventionists and free market advocates alike. Consequently, its history spans across the globe.

Governments have grappled with the challenge of reversing legislation enacted by their predecessors, while simultaneously ensuring that landlords retain the right to manage their properties and that unscrupulous landlords are not condoned. The authors argue that partial repeals of rent control have yielded at best ineffective results, and at worst, have been counterproductive. They assert that the only way to revitalize housing markets is through the complete abolition of rent and eviction controls imposed by the state.

The book concludes with a thoughtful discussion of how this abolition can be achieved without causing undue hardship to individuals and communities. It is a valuable resource for scholars and researchers interested in political economy and the British economy, offering insights into the complex dynamics of rent control and its impact on housing markets.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032646107