Re:Rent control isn’t working in Sweden
by jjav on Friday August 27, 2021 @04:55AM
(#28325647)
> > or have any pressure on your landlord to improve the property
> Not sure what you think that has to do with rent control?
With rent control, the owner may not be able to afford to do any maintenance (let alone improvements) if the tenant has been there long enough that the landlord is losing money every month. But also, the tenant knows they have a deal they can't replicate anywhere else so they have an incentive to never move out, even if the place falls in disrepair.
Without rent control, the tenant is free to move out if conditions are not acceptable and the landlord can afford to maintain the place.
But, not every rent control city is the same of course, details matter. In some cities maintenance or improvements are allowed to reflect in rent, in some places they don't. So it depends.
> Not sure what you think that has to do with rent control?
With rent control, the owner may not be able to afford to do any maintenance (let alone improvements) if the tenant has been there long enough that the landlord is losing money every month. But also, the tenant knows they have a deal they can't replicate anywhere else so they have an incentive to never move out, even if the place falls in disrepair.
Without rent control, the tenant is free to move out if conditions are not acceptable and the landlord can afford to maintain the place.
But, not every rent control city is the same of course, details matter. In some cities maintenance or improvements are allowed to reflect in rent, in some places they don't. So it depends.