They are concerned that the funds will, once again, give wealthy Northern governments, and, in particular, their bank of choice, the World Bank, more
control over funds intended to help developing countries.
While it was
intended to protect tenants against large rent increases, once introduced, it had the well - observed effect of drying up the stock of rental housing
over time, as investment
funds that would have been used to build new apartment buildings went into other projects that produced financial returns that were not similarly
controlled.