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Rent control makes a controversial comeback
The order brings into force legislation voted in November 2018 (known as the Elan law), which grants cities the right to impose rent control, under certain conditions, as a means to protect tenants and create more affordable housing. Because Paris's city council already approved a measure to reintroduce the practice in December, all that remains is for local authorities to set caps on how much landlords can charge.
"It is also misleading for tenants. The loss of income will lead private landlords to flee [!] the market, which will be a disservice to housing seekers in the long term. In the absence of a strong, private rental sector, they will no longer be able to find housing."

Diversity is the key to economic and political evolution.
by Cat on Sun Apr 7th, 2019 at 12:29:17 AM EST
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