Rent Control - Purpose and Scope

Purpose and Scope

Although the political debate over rent control is far-reaching, as described below, the purposes and provisions of such laws are intended to be limited in scope. They define which rental units are affected, and may have only larger or older rental complexes covered by the law. The frequency and degree of rent increases are limited, usually to the rate of inflation defined by the Consumer Price Index or to a fraction thereof. San Francisco, for example, allows annual rent increases of 60% of the CPI, up to a maximum 7%.

Unregulated rent increases may be allowed when a tenant moves ("vacancy decontrol"). Rent-control laws that don't include vacancy decontrol are called strong rent-control laws. Such laws were in effect in five California cities (West Hollywood, Santa Monica, Berkeley, East Palo Alto and Cotati) in 1996, when AB 1164 (known as the Costa-Hawkins Rental Housing Act) made strong rent-control unenforceable in California (except in special cases like mobile home parks).

Read more about this topic:  Rent Control

Famous quotes containing the words purpose and, purpose and/or scope:

    Your good mother tells me you are feeling very badly in your new situation. Allow me to assure you it is a perfect certainty that you will, very soon, feel better—quite happy—if you only stick to the resolution you have taken to procure a military education. I am older than you, have felt badly myself, and know, what I tell you is true. Adhere to your purpose and you will soon feel as well as you ever did.
    Abraham Lincoln (1809–1865)

    I beg to assure you that I have never written you, or spoken to you, in greater kindness or feeling than now, nor with a fuller purpose to sustain you, so far as in my most anxious judgement, I consistently can. But you must act.
    Abraham Lincoln (1809–1865)

    A country survives its legislation. That truth should not comfort the conservative nor depress the radical. For it means that public policy can enlarge its scope and increase its audacity, can try big experiments without trembling too much over the result. This nation could enter upon the most radical experiments and could afford to fail in them.
    Walter Lippmann (1889–1974)