Tag Archives: Rent Stabilization

New York City Sets Rents By Political Process. It Goes Badly.

From the NYT:  Rent Board Approves Higher Increases Than in ’12 No free market here, please (Previous posts on rent control here and here.) New York City’s nine-member Rent Guidelines Board annually sets the maximum rent increases permitted for some one million apartments.  The … Continue reading

Posted in Economics, Geography, Housing, Rent Control | Tagged , , , | 1 Comment

New York City Rent “Stabilization”: Now More Locked-In Than Ever

From the NYT: Rent-Stabilized Apartments, Ever More Elusive New York state politicians have raised the rent limit for “stabilized” apartments from $2,000/month to $2,500/month, and the annual income limit from $175,000 to $200,000. In “core” Manhattan (below 96th Street), a … Continue reading

Posted in Economics, Housing, Rent Control | Tagged , , , | 3 Comments