Why is rent-regulation so important?
- The right to continue living in your apartment while paying modest rent increases. By contrast, in unregulated apartments landlords can raise rates as high as they want whenever they want, no matter how long a tenant has lived in the apartment.
- Protection against eviction without cause. Landlords cannot evict or end the tenancy of a rent-regulated tenant unless they can demonstrate good cause, such as that the tenant failed to pay the rent, was a nuisance, or violated the lease. By contrast, a landlord can move to evict an unregulated tenant at the end of his/her lease without any reason, no matter how long the tenant has lived there.
- The right to good services and repairs, with recourse if they are not provided. Rent regulated tenants are able to assert their legal rights to repairs and adequate services without fear of retaliation, since tenants have the right by law to renew their leases. By contrast, in many cases when unregulated tenants complain about poor services or conditions, their landlords retaliate by refusing to renew their leases. Unregulated tenants are forced to choose between living in dilapidated housing and facing displacement.