Basu, Kaushik; Emerson, Patrick Munro - 2003
We consider a model of 'tenancy rent control' where landlords are not allowed to raise the rent on sitting tenants nor … and their existence shows that tenancy rent control can give rise to equilibria that look as if there were traditional … rent control in which the rent of each unit has a flat ceiling. In other words, tenancy rent control may not achieve the …