Jonathan J Miller, Columnist

Rent Control vs. Keeping Landlords Happy

Everyone loses if rent control forces building owners to lose money.

June 25, 2015 at 5:03 PM UTC

Jonathan Miller writes about the housing economy and other aspects of real estate. He began a real estate blog, the Matrix, in 2005, and has written a column for Curbed.com. He is co-founder of Miller Samuel, a residential real estate appraisal company, and the commercial valuation firm Miller Cicero.

This is what can happen.
Photographer: Fred W. McDarrah/Getty Images

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The past few weeks have offered a window on the tensions between landlords and tenants in New York's real estate market.

Amid the political machinations in the city and the state's capital, the New York State Assembly let rent controls lapse, temporarily placing more than 2 million tenants in housing limbo. A tentative deal has since been worked out to extend the regulations for four years but the details are not yet available.