"Vacancy decontrol" refers to the removal of restrictions or regulations on rental prices for newly vacant units. This means that once a tenant moves out, landlords have the freedom to set the rent at any price they choose, without government limits or controls.
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«vacancy»
«decontrol»
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Phrases with «vacancy decontrol»
Sentences with «vacancy decontrol»
- Mr. de Blasio specifically called for the end of vacancy decontrol, a law that allows property owners to take apartments off the rent - regulated list when they go vacant. (observer.com)
- De Blasio fought unsuccessfully for ending vacancy decontrol during the most recent legislative session in Albany. (dnainfo.com)
- Senate Republicans are not interested in repealing vacancy decontrol or increasing the threshold. (wrvo.org)
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