Property Rights to Rent Regulated Apartments: A Path Towards Decontrol
- 1 January 1990
- journal article
- Published by JSTOR in Journal of Policy Analysis and Management
- Vol. 9 (2) , 260
- https://doi.org/10.2307/3325416
Abstract
Some communities have endured the consequences of rent regulations because of the political costs associated with contemplating decontrol. This article proposes a novel solution for decontrolling rental housing markets by establishing negotiable property rights to the ownership of rent-regulated apartments. A market in property rights can protect existing tenants, satisfy landlord desires for deregulation, and provide a mechanism for raising revenues for an affordable housing fund.Keywords
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