Property rights to rent regulated apartments: A path towards decontrol | Zendy

Wolkoff Michael J. | Zendy

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Property rights to rent regulated apartments: A path towards decontrol

Author(s) -

Wolkoff Michael J.

Publication year - 1990

Publication title -

journal of policy analysis and management

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 2.898

H-Index - 84

eISSN - 1520-6688

pISSN - 0276-8739

DOI - 10.2307/3325416

Subject(s) - path (computing) , property rights , property (philosophy) , business , economics , labour economics , microeconomics , computer science , computer network , philosophy , epistemology

Some communities have endured the consequences of rent regulations because of the political costs associated with contemplating decontrol. This article proposes a novel solution for decontrolling rental housing markets by establishing negotiable property rights to the ownership of rent‐regulated apartments. A market in property rights can protect existing tenants, satisfy landlord desires for deregulation, and provide a mechanism for raising revenues for an affordable housing fund.

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