Challenges
Balancing Regulation and the MarketOpponents to tenant protections often argue that the housing market will be most efficient when left unregulated. However, an unregulated rental market can only provide stable housing if there is a significant vacancy rate in the local/regional housing market; if there is production of new housing commensurate with population growth; or subsidies for lower-income households. If these conditions do not exist, a balance can be struck between regulation of rents and evictions and allocation of new investments in the development of affordable housing. |