3. Discuss the effect of establishing for each rent-controlled apartment a right to rent control certificate and

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3. Discuss the effect of establishing for each rent-controlled apartment a

“right to rent control” certificate and awarding it to the incumbent tenant.

Should the certificates be fungible? Who would buy them? What would the effect be? How should such a market be regulated? Should the imputed value of such certificates be counted as income for the holder, for income tax purposes?

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Related Book For  book-img-for-question

City Economics

ISBN: 9780674019188

1st Edition

Authors: Brendan O'Flaherty, Brendan O&Flaherty

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