Arbeitspapier

Benefits (and Losses) From Rent Control in the Philippines: An Empirical Study of Metro Manila

This study examines benefits of rent control law in Metro Manila. The results show that rent control benefits are conditional to occupying a rent-controlled unit and on tenure. The benefits of rent control are found positive. Many poor and low-income households are benefited but the distributional effects are minimal since nonpoor families have equal access to rent-controlled units. Evidence of losses or income transfers from landlords to tenants is not substantiated. The most probable income transfers are those from short-stayers to long-stayers. Rent control is a poor mechanism for income transfer. However, the rental housing market tend to be monopolistic and rent control maybe necessary to prevent economic eviction and abuses on payment of key monies. In this case, government has to provide better monitoring mechanism and ensure enforcement of lease contracts.

Sprache
Englisch

Erschienen in
Series: PIDS Discussion Paper Series ; No. 2001-23

Klassifikation
Wirtschaft
Thema
rent control
rental housing market
Mietenpolitik
Wirkungsanalyse
Kritik
Philippinen
Manila

Ereignis
Geistige Schöpfung
(wer)
Ballesteros, Marife M.
Ereignis
Veröffentlichung
(wer)
Philippine Institute for Development Studies (PIDS)
(wo)
Makati City
(wann)
2001

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ballesteros, Marife M.
  • Philippine Institute for Development Studies (PIDS)

Entstanden

  • 2001

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