What Is Rent Control?
Rent control refers to local laws limiting how much and how often a landlord can raise rent on existing tenants, and in some jurisdictions restricting eviction reasons.
Why it matters
Investors evaluating rental property in a rent-controlled jurisdiction need to underwrite future rent growth far more conservatively than in an unregulated market.
Related Terms
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This definition is provided for general educational purposes and is not financial, legal, tax, or real estate advice. Verify important decisions with appropriately qualified professionals.
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