With rent control one of the options on the table by government to solve the high rental prices in the country, experts are of the opinion that it may actually exacerbate the situation. Housing gurus weighing in on the matter are of the opinion that rent control could lead to urban decay and even a decline in housing investment.
According to Namene Kalili, Senior Manager for Research and Development at FNB Namibia, rent control is not a viable solution because the housing crisis is a supply side problem while rent control is a demand side intervention.
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