单词 | rent controls |
释义 | rent controlsRent Controlrent controlsthe regulation by government of the RENT payable on a leasehold property by a tenant. Rent controls are used to establish maximum rent levels to assist tenants who are on low incomes. Such controls can distort the housing market, however, by discouraging the supply of rented properties and reducing the incentive to maintain rented properties in good repair. Rent controls may also reduce the geographical MOBILITY of labour, insofar as ‘sitting tenants’ will be reluctant to move from rent-controlled tenancies. |
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