Rent control, the governmental regulation of the level of payment and tenure rights for rental housing, occupies a small but unique niche within the broad domain of public regulation of markets. The price of housing cannot be regulated by establishing a single price for a given level of quality, as other commodities such as electricity and sugar have been regulated at various times. Rent regulation requires that a price level be established for each individual housing unit, which in turn implies a level of complexity in structure and oversight that is unequaled.Housing provides a sense of security, defines our financial and emotional well-being, and influences our self-definition. Not surprisingly, attempts to regulate its price arouse intense controversy. Residential rent control is praised as a guarantor of affordable housing, excoriated as an indefensible distortion of the market, and both admired and feared as an attempt to transform the very meaning of housing access and ownership.This book provides a thorough assessment of the evolution of rent regulation in North American cities. Contributors sketch rent control's origins, legal status, economic impacts, political dynamics, and social meaning. Case studies of rent regulation in specific North American cities from New York and Washington, DC, to Berkeley and Toronto are also presented. This is an important primer for students, advocates, and practitioners of housing policy and provides essential insights on the intersection of government and markets.

chapter 1|14 pages

Rent Control: Its Origins, History, and Controversies

ByW. Dennis Keating

chapter 2|12 pages

Rent Control Legislation and Administration

ByW. Dennis Keating

chapter 3|14 pages

The Courts and Rent Control

ByW. Dennis Keating

chapter 4|20 pages

The Economics of Rent Regulation

ByAndrejs Skaburskis, Michael B. Teitz

chapter 5|18 pages

The Politics of Rent Control

ByMichael B. Teitz

chapter 6|9 pages

A Social Perspective on Rent Control

ByMichael B. Teitz

chapter 8|15 pages

Moderating Market Pressures for Washington, D.C., Rental Housing

ByMargery Austin Turner

chapter 9|17 pages

Rent Stabilization in Los Angeles: A Moderate Approach to Regulation

ByMichael B. Teitz

chapter 10|9 pages

New Jersey’s Rent Control Movement

ByKenneth K. Baar

chapter 11|18 pages

Rent Regulation in New York City: A Protracted Saga

ByW. Dennis Keating

chapter 12|24 pages

Toronto’s Changing Rent Control Policy

ByNash Catherine, Andrejs Skaburskis

chapter 13|11 pages

Controlling “Im” Mobile Home Space Rents

ByKenneth K. Baar

chapter 14|4 pages


ByW. Dennis Keating, Michael B. Teitz, Andrejs Skaburskis