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by ProxCoques 627 days ago
There are many implementations of rent controls. Argentina's were rather badly done. Compare to:

Germany - where landlords can't charge more than 10% above the local average rent.

Spain - where landlords can increase rent only if they improve the property, but the increase can't be more than 20%.

Netherlands - where one in three homes in the Netherlands are rent-controlled, and rental apartments are capped at under €1,000 per month.

France - rent control applies to furnished and unfurnished properties.

Scotland - government introduced emergency legislation to cap rent increases in the private sector at 3% as of 2022.

Sweden - rent controls apply to new and older buildings, with local market conditions setting the regulated rents.

New York City - a Rent Guidelines Board sets rent increases based on inflation, and landlords are required to renew leases.

2 comments

Rent controls limit the potential of the underlying asset by having Tennants hoard their current rent in ever degrading apartments. Its an artificial limitation on a resource that can be renewed to lower costs but you end up with a massive amount of rent hoarders afraid to shop around for better housing. It is such a disruption to incentives for both renters and home providers.
From my experience, the rent control in Sweden is a total disaster.