Rent matters : what are the impacts of rent stabilization measures?
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TextPublication details: USC Dornsife, October 2018.Description: 31 ppSubject(s): Online resources: Summary: While more research remains to be done, the evidence does suggest that the strident debate about rent regulations may be driven more by ideology and self-interest—on all sides—and that public policy would benefit from a more measured discussion. What this review of literature suggests to us is that rent regulations are one tool to deal with sharp upticks in rent. They have less deleterious effects than is often imagined—particularly if we are talking about more moderate rent stabilization measures—and they do seem to promote resident stability and can therefore help to slow the displacement dimension of gentrification.
At the same time, proponents of rent stabilization must be clear that limiting rent increases cannot fully solve the housing crisis confronting much of urban California. That will require that rent regulations be combined with robust efforts to promote housing supply, particularly of affordable units, and job training and economic development programs that can lift incomes and promote mobility. Such a multipronged approach can help to deal with the housing stresses and strains that are currently worrying renters, owners, and employers alike.
| Item type | Current library | URL | Status | |
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| Report | tunsw | Access Item | Available |
KEYWORDS; rent stabilisation, rent regulation
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