Rent control refers to laws or ordinances that set price controls on the renting of residential housing. It functions as a price ceiling. Rent control exists in approximately 40 countries around the world. Rent control laws vary from one country to another, and may vary from one jurisdiction to another within some countries.
Read more about Rent Control: History in The United States, Purpose and Scope, Arguments Against, Enforcement Issues
Famous quotes containing the words rent and/or control:
“Underneath the inharmonious and trivial particulars, is a musical perfection, the Ideal journeying always with us, the heaven without rent or seam.”
—Ralph Waldo Emerson (1803–1882)
“The glance is natural magic. The mysterious communication established across a house between two entire strangers, moves all the springs of wonder. The communication by the glance is in the greatest part not subject to the control of the will. It is the bodily symbol of identity with nature. We look into the eyes to know if this other form is another self, and the eyes will not lie, but make a faithful confession what inhabitant is there.”
—Ralph Waldo Emerson (1803–1882)