Rent Control policies

Rent control policies are regulations that limit how much landlords can increase rent on residential properties, aiming to keep housing affordable for tenants. These laws set maximum rent levels and may restrict the frequency or amount of rent hikes. The goal is to balance landlords’ rights to earn fair returns with tenants’ need for stable, affordable housing. While rent control can help prevent displacement and price spikes, critics argue it may reduce landlords’ incentive to maintain properties or invest in new housing. Overall, these policies seek to promote housing stability and affordability in costly markets.