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Liquidation of Rent Controls

May 14, 1947

Report Outline
Rent Control Legislation of House and Senate Bills
Rent Control Experience in Two Wars
Failure to Solve Postwar Rental Housing Problem

Rent Control Legislation of House and Senate Bills

Federal Control of rents throughout the United States would end on March 31, 1948, at the latest, under rent-control legislation approved by the House, May 1, by the close vote of 205 to 182. The bill would extend present controls, with various modifications, until Dec. 31, 1947, and would give authority to the President to continue them for an additional three months if he finds such action necessary. A companion bill, now awaiting action by the Senate, would continue rent controls until Feb. 29, 1948, with no provision for any further extension.

During consideration of the legislation in the House, amendments to terminate all rent controls on next June 30 and to raise rent ceilings by a flat 10 per cent were rejected by non-record votes. But the bill granted other important concessions to landlords and builders by allowing 15 per cent rent increases, in exchange for long-term leases, and terminating substantially all federal controls imposed by the Veterans' Emergency Housing Act of 1946, It provides:

That rent controls shall be removed at once from all newly-constructed housing, from housing made available through remodeling, and from housing not rented between January, 1945, and February, 1947;

ISSUE TRACKER for Related Reports
Housing
Apr. 05, 2013  Homeless Students
Dec. 14, 2012  Future of Homeownership
Dec. 18, 2009  Housing the Homeless
Nov. 02, 2007  Mortgage CrisisUpdated
Feb. 09, 2001  Affordable Housing
Jan. 06, 1989  Affordable Housing: Is There Enough?
Oct. 30, 1981  Creative Home Financing
Nov. 07, 1980  Housing the Poor
Dec. 21, 1979  Rental Housing Shortage
Nov. 24, 1978  Housing Restoration and Displacement
Apr. 22, 1977  Housing Outlook
Sep. 26, 1973  Housing Credit Crunch
Aug. 06, 1969  Communal Living
Jul. 09, 1969  Private Housing Squeeze
Mar. 04, 1966  Housing for the Poor
Apr. 10, 1963  Changing Housing Climate
Sep. 26, 1956  Prefabricated Housing
Sep. 02, 1949  Cooperative Housing
May 14, 1947  Liquidation of Rent Controls
Dec. 17, 1946  National Housing Emergency, 1946-1947
Mar. 05, 1946  New Types of Housing
Oct. 08, 1941  Rent Control
Aug. 02, 1938  The Future of Home Ownership
Sep. 05, 1934  Building Costs and Home Renovation
Nov. 20, 1933  Federal Home Loans and Housing
Nov. 17, 1931  Housing and Home Ownership
BROWSE RELATED TOPICS:
Rental Housing
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