Municipal Rent Control

Municipal rent control is local government regulation that limits how much landlords can increase rent on residential properties. Its goal is to ensure affordable housing and prevent excessive rent hikes that could displace tenants. Typically, rent increases are restricted to a certain percentage annually, often tied to inflation or a set cap. Rent control policies vary by city but generally balance landlords' rights to earn fair returns while protecting tenants from sudden, unaffordable increases. These regulations aim to promote stable, accessible housing within the community.