Rent controls for New Zealand?

PHOTO: SEAN PAVONE/123RF – New York City has two forms of rent regulation for over half of its apartments: rent control and rent stabilisation.

Could putting a cap on escalating rental costs help loosen the grip of New Zealand’s rental squeeze? Ged Cann and Brad Flahive report.

Rent regulation is used in some European cities and states in the United States as a measure to keep quality and affordable housing in the rental market.

READ MORE VIA STUFF