Housing Affordability |
Rents will be more affordable for tenants |
Positive, promotes access to decent housing |
Limited impact on overall affordability |
Negative, distorts the housing market |
1) Disagree on extent of expected impact |
Housing Supply |
Little or no impact on housing supply |
Not a major concern, focus on affordability |
Reduced incentives for new housing construction |
Negative, exacerbates housing shortages |
1) Disagree on extent of expected impact |
Property Values |
Stabilization or slight decrease |
Positive, promotes access to homeownership |
Significant decrease in property values |
Negative, harms property owners and investors |
1) Disagree on extent of expected impact |
Tenant Mobility |
Decreased mobility for tenants |
Acceptable trade-off for affordability |
Decreased mobility for tenants |
Negative, reduces labor mobility and economic efficiency |
2) Agree on impact, disagree on desirability |
Quality of Housing |
Potential decrease in maintenance and renovations |
Negative, but offset by affordability benefits |
Significant decrease in maintenance and renovations |
Negative, leads to housing deterioration |
1) Disagree on extent of expected impact |
Rental Housing Investment |
Limited impact on investment in rental housing |
Not a major concern, focus on affordability |
Significant decrease in investment in rental housing |
Negative, reduces housing supply in the long run |
1) Disagree on extent of expected impact |
Economic Efficiency |
Some distortions but overall positive impact |
Positive, promotes economic stability and equity |
Significant decrease in economic efficiency |
Negative, distorts market signals and resource allocation |
1) Disagree on extent of expected impact |
Gentrification and Displacement |
Reduced displacement of low-income tenants |
Positive, promotes community stability |
Limited impact on gentrification and displacement |
Negative, restricts economic development and investment |
1) Disagree on extent of expected impact |