Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266608 
Year of Publication: 
2022
Series/Report no.: 
DIW Discussion Papers No. 2026
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Abstract: 
Rent control is a highly debated social policy that has been omnipresent since World War I. Since the 2010s, it is experiencing a true renaissance, for many cities and countries facing chronic housing shortages are desperately looking for solution, directing their attention to controling housing rents and other restrictive policies. Is rent control useful or does it create more damage than utility? To answer this question, we need to identify the effects of rent control. This study reviews a large empirical literature looking at various aspects of rent controls. We conclude that rent controls are quite effective in terms of lowering housing rents or slowing their growth, but they also lead to a wide range of adverse effects affecting both landlords and tenants.
Subjects: 
rent control
housing policy
empirical literature review
JEL: 
K25
N90
R38
Document Type: 
Working Paper

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