Rent regulation: Difference between revisions
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''"Rent control" redirects here. '' |
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== Overview == |
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'''"Rent regulation''' is a system of [https://en.wikipedia.org/wiki/Law laws], administered by a court or a public authority, which aim to ensure the quality and affordability of housing and tenancies on the rental market for land. Comprehensive rent regulation is common in [https://en.wikipedia.org/wiki/Commonwealth Commonwealth] and [https://en.wikipedia.org/wiki/European_Union European Union] countries, including [https://en.wikipedia.org/wiki/Rent_regulation_in_Canada Canada], Germany, Ireland, Cyprus and Sweden, and also some states in the [https://en.wikipedia.org/wiki/United_States United States]. Generally a system of rent regulation involves: |
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*[https://en.wikipedia.org/wiki/Price_controls price controls], limits on the rent that landlord may charge, with '''rent control''' and '''[https://en.wikipedia.org/wiki/Rent_stabilization rent stabilization]''' |
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*standards by which a landlord may terminate a tenancy (an equivalent of [https://en.wikipedia.org/wiki/Unfair_dismissal unfair dismissal] from employment in tenancies) |
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*obligations on the landlord or tenant regarding adequate maintenance of the property |
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*a system of oversight and enforcement by an independent regulator and [https://en.wikipedia.org/wiki/Ombudsman Ombudsman] |
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The classic objective is to limit the price that would result from the market, where an [https://en.wikipedia.org/wiki/Inequality_of_bargaining_power inequality of bargaining power] between [https://en.wikipedia.org/wiki/Landlord landlords] and [https://en.wikipedia.org/wiki/Leasehold_estate tenants] produces continually escalating prices without any stable [https://en.wikipedia.org/wiki/Market_equilibrium market equilibrium]." |
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- Wikipedia, "Rent regulation." |
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== Current rent regulations == |
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=== California === |
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=== San Francisco === |
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=== Oakland === |
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=== San Jose === |
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== California 'Costa-Hawkins' law repeal initiative == |
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| ⚫ | *Legislative Analysts Office (California). [http://www.lao.ca.gov/ballot/2017/170629.pdf Review of proposed statutory initiative pertaining to rent control (A.G. File No. 17-0041)]. 12 Dec 2017. [http://www.lao.ca.gov/ballot/2017/170629.pdf http://www.lao.ca.gov/ballot/2017/170629.pdf].<br/> |
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*Wikipedia. "[https://en.wikipedia.org/wiki/Rent_regulation Rent regulation.]" |
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Revision as of 10:11, 27 December 2017
"Rent control" redirects here.
Overview
"Rent regulation is a system of laws, administered by a court or a public authority, which aim to ensure the quality and affordability of housing and tenancies on the rental market for land. Comprehensive rent regulation is common in Commonwealth and European Union countries, including Canada, Germany, Ireland, Cyprus and Sweden, and also some states in the United States. Generally a system of rent regulation involves:
- price controls, limits on the rent that landlord may charge, with rent control and rent stabilization
- standards by which a landlord may terminate a tenancy (an equivalent of unfair dismissal from employment in tenancies)
- obligations on the landlord or tenant regarding adequate maintenance of the property
- a system of oversight and enforcement by an independent regulator and Ombudsman
The classic objective is to limit the price that would result from the market, where an inequality of bargaining power between landlords and tenants produces continually escalating prices without any stable market equilibrium."
- Wikipedia, "Rent regulation."
Current rent regulations
California
San Francisco
Oakland
San Jose
California 'Costa-Hawkins' law repeal initiative
"a substantial expansion of rent control in California could result in...significant reductions in construction of new housing." Legislative Analysts Office @LAO_CA analysis of #CostaHawkins repeal initiative
References
- Legislative Analysts Office (California). Review of proposed statutory initiative pertaining to rent control (A.G. File No. 17-0041). 12 Dec 2017. http://www.lao.ca.gov/ballot/2017/170629.pdf.
- Wikipedia. "Rent regulation."