View the links below for information on rent control issues in Ontario.
Reports & Articles on Rent Control
The Negative Impact of Danish Rent Control
By: The European Property Federation
Private rent control legislation leads to an inefficient housing market, where significant resources are used to maintain a system that is primarily to the benefit of those groups in the population who have high incomes and where there is no need for public subsidies.
Why we’d end up paying more for rent control
By: Steve Davies, Institute of Economic Affairs
The U.K. Labour Party is toying with a return to Seventies-style rent controls. They will bring us Seventies-style urban decay, warns Steve Davies.
Beware the Comeback of Rent Control
Peter A. Tatian (senior research associate, Urban Institute’s Metropolitan Housing and Communities Policy Center)
Given the current research, there seems to be little one can say in favor of rent control. What, then, should be done to help renters obtain affordable, decent housing? A better approach may be policies that encourage the production of more diverse types of housing, implementing regulations and practices to ensure housing quality; and providing targeted, direct subsidies to people who need help paying their rents.
Rent Control Reduces Rental Supply
By: Steve Lafleur, Frontier Centre for Public Policy (From the Regina Leader Post)
Rent control fails to achieve the objective of ensuring abundant, high-quality, low-cost rental housing. Fortunately, there are plenty of other tools to help promote affordable housing. By following the examples of Houston and Atlanta, and eliminating the land-use regulations that drive up housing prices, Canadian cities can help make housing more affordable while avoiding the well-known, but unintended, negative consequences of rent control.
Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge Massachusetts
By: David H. Autor, Christopher J. Palmer, Parag A. Pathak (Massachusetts Institute of Technology)
This paper found that rent control’s removal in Cambridge produced large, positive, and robust spillovers onto the price of never-controlled housing from nearby decontrolled units. Elimination of rent control added about $1.8 billion to the value of the housing stock between 1994 and 2004, equal to nearly a quarter of total Cambridge residential price appreciation in this period.
– See more at: http://web.archive.org/web/20140922220402/http://www.frpo.org/rent-control#sthash.LcQwqEcH.dpuf