Rent control has mitigated the rent explosion in the three years since its introduction, according to a study, easily. Accordingly, the increase in Rents is slowing down, where the Rent control applies. However, the effect is only of the order of 2 to 4 percent, as the study’s author, Claus Michelsen from the German Institute for economic research (DIW) said. Without the rental stock would brake to rent in popular residential areas, therefore, 2 to 4 percent higher.

Read more: https://bit.ly/2HyXBvd