Rent Control: The Maximum Rent Date Method

Rent Control

Coordination , Rent - Seeking and Control ∗

Two agents want to coordinate their decisions but may also try to extract rents from each other. Decsions are negotiated at the interim stage, when the agents have private information. The agent who owns an asset has the right to make a unilateral decision regarding this asset, so negotiations must satisfy a participation constraint. We compare nonintegration, where each agent owns one asset, w...

The Economics and Law of Rent Control

We consider a rent control regime where rent increases on, and eviction of, a sitting tenant are not allowed. However when an apartment becomes vacant the landlord is free to negotiate a new rent. We argue that this stylized system is a good (though polar) approximation for many rent control regimes existent today in several U.S. cities and the world over. Under such a regime, if inflation exis...

The Munich Rent Advisor

The city government of Munich regularly publishes a booklet called the “Mietspiegel” (MS). The MS basically contains a verbal description of an expert system. It allows to calculate the estimated fair rent for a flat. By hand, one may need a weekend to do so. With our computerized version, “The Munich Rent Advisor”, the user just fills in a form in a few minutes and the rent is calculated immed...

The Functional Rent Advisor

Most cities in Germany regularly publish a booklet called \Mietspiegel" that allows calculating an estimate of the fair rent for a at. The Functional Rent Advisor (FRA) extends the functionality and applicability of the \Mietspiegel" for the city of Munich so that the user needs not to give all required information. The FRA is implemented using the high-level purely functional language Haskell....