Rent Control: A Proposal for Reform

28 Pages Posted: 11 Jan 2016

See all articles by Edward Iacobucci

Edward Iacobucci

University of Toronto - Faculty of Law

Multiple version iconThere are 2 versions of this paper

Date Written: 1995

Abstract

Rent control is a matter of considerable academic and political controversy. This article explores three distinct approaches that have been taken by commentators: the libertarian view espoused by Epstein; the connection between home and personhood analyzed by Radin; and the economic welfare approach. Within the latter perspective, this article places particular emphasis on the role of rent control as a substitute for long-term contracting. The article then proposes a reform to rent control that attempts to address concerns raised by the three approaches. The proposed regime decontrols rents for tenants moving into apartments, while rent in occupied apartments rises at market rates set by a government agency. The paper further suggests a transition scheme to move from present Ontario rent control rules to the proposed regime.

Suggested Citation

Iacobucci, Edward M., Rent Control: A Proposal for Reform (1995). Ottawa Law Review, Vol. 27, No. 2, 1996, Available at SSRN: https://ssrn.com/abstract=2713223

Edward M. Iacobucci (Contact Author)

University of Toronto - Faculty of Law ( email )

78 and 84 Queen's Park
Toronto, Ontario M5S 2C5
Canada
416-978-2694 (Phone)
416-978-7899 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
34
Abstract Views
296
PlumX Metrics