Investor Glossary-rent controlInvestor Glossary-rent controlInvestor Glossary-rent controlInvestor Glossary-rent controlInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Rent Control

The HTML to link to this page
 

Rent control refers to local ordinances that govern the amount of rent that can be charged, or how much rent can be increased. Rent control generally applies to residential rental units. Rent control originated after WWII, following the return of a large number of veterans from overseas with the general price freeze started in 1943. Rent control remained in effect after most price restrictions were eliminated in 1947. Rent control is still common in only a few old cities with a significant tenant population, such as New York City and San Francisco. In recent years, many cities, such as Boston, have ended long-standing rent control ordinances. Most economists of all political persuasions believe rent control is detrimental to a city's housing market. In New York City, rent control is only one of the two types of rent regulation in effect. In addition to apartments still under rent control, which only applies when occupancy started on or before February 1, 1947, many more units are regulated under a slightly less restrictive body of rules known as rent stabilization.



Rate this rent control definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, margin rate, stock split, irrevocable trust, required rate of return, 1031 exchange, debt service coverage, ex-dividend, ex-dividend date, covered put, 401a, average price per share, Zero Cost Collar, deferred tax, liquidity ratio, phantom income, reverse mortgage, current ratio, 1035 exchange, inflation, class C shares, balance sheet, per diem, diluted share, wholly-owned subsidiary, annual return, VIX, option premium, limit order, EBITDA, deferred revenue, stock market close, APR, in escrow, FICO score, command economy, implied volatility, open position, risk management, dividends payable, real GDP, 144a, FTSE, minority interest, LIBOR, cancelled check, labor relations, retained earnings, quality assurance


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use