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)
“In Vietnam, some of us lost control of our lives. I want my life back. I almost feel like I’ve been missing in action for twenty-two years.”
—Wanda Sparks, U.S. nurse. As quoted in the New York Times Magazine, p. 72 (November 7, 1993)