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:
“We want some coat woven of elastic steel, stout as the first, and limber as the second. We want a ship in these billows we inhabit. An angular, dogmatic house would be rent to chips and splinters, in this storm of many elements. No, it must be tight, and fit to the form of man, to live at all; as a shell is the architecture of a house founded on the sea.”
—Ralph Waldo Emerson (1803–1882)
“I think it a much wiser thing to secure for the thousands of mothers in this State the legal control of the children they now have, than to bring others into the world who would not belong to me after they were born.”
—Susan B. Anthony (1820–1906)