1. Rent Control
... City have come under the provisions set by rent stabilization rather than rent control. In 1969 rent stabilization was established to protect households living in uncontrolled apartments. Stabilized housing has grown to encompass about one million units at this point in time, especially because of the ... comes to the policy of rent stabilization. Landlords are required, under the confines of rent stabilization, to offer their housing units at prices below equilibrium. # This poses a problem for current landlords. No such price regulations are placed on services, such as utilities, that...
- Word Count: 1658
- Approx Pages: 7
- Grade Level: High School