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)
“Our culture still holds mothers almost exclusively responsible when things go wrong with the kids. Sensing this ultimate accountability, women are understandably reluctant to give up control or veto power. If the finger of blame was eventually going to point in your direction, wouldn’t you be?”
—Ron Taffel (20th century)