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Is price ceiling an effective measure for renting condos?

Updated: 8/18/2019
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13y ago

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When you rent a condominium, you are a landlord. You want to consider why you're renting -- simply to hold onto the property, or perhaps, you want to make money on the revenue stream.

A price ceiling is not as effective in setting a price for a condominium rental, as is the current market rate for a comparable unit.

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