Another Hundred Years Hence, a blog by an urban planner, blames artificially low rents for the degeneration of the Philippines’ capital city: “Want to know why Metro Manila is in a state of disrepair? Five decades of rent control. Want to know why we have squatter colonies? Rent control. Want to know why we're losing beautiful old homes? Rent control. Want to know why we have a small middle class? Rent control [1].”
Philippines: Rent Control
· Written by Jose Manuel Tesoro
Categories: East Asia, Philippines