Rental market is no place for control freaks

Karl Deeter Talking Finance Far from offering a solution to the housing crisis, rent controls hurt those they are meant to help

13th December, 2014

Given the state of the housing market, it is natural for people to look for answers to the dilemma of rising rents, but often their conclusions are ill-judged. One such example is that of rent controls.

The Private Residential Tenancies Board (PRTB), which is far from a mouthpiece for landlords or any other vested-interest group, commissioned a report that considered the matter and found it lacking. The Economic and Social Research Institute said the same...

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