Advantages And Benefits Of Philippine Rent Control In The Philippines

The Philippines is one among 51 other countries with rent control. In terms of the degree of strictness of the Philippine Rent Control, it is considered moderate when evaluated against established standards of rent control worldwide. In fact it scored 8 from a numerical value of 0 to 13>. When Batas Pambansa 877 took effect last 1985, the rent ceiling before it in pesos was P480. A ten percent (10%) increase for the next year was imposed. In 1986, the increase became 20% annually until 1997 then decreased to 15% from 1998 to 2001. When the Reform of Rental of Certain Residential Units (RA 9161) took effect in 2002, the % increase was 10% annually. From these rent controls imposed by the government, a question of who benefits/ losses from

The negative relationship between household income and benefits shows that the benefit from rent control decreases with income. This suggests that poorer families receive larger benefits than richer families. The rent control law is apparently targeting the poor.

The study have the following conclusions:
1. Net benefits that accrue from rent control are positive. Thus, poor families benefit from rent control. The distribution of benefits has been targeting the low-income group.
2. Net losses accrue among middle to high income household due to rent control. They subsidize the lower income deciles. The implication is, while rent control may have provided lower rental prices to low-income household, it is possible that it has also created higher prices for middle and bigger income rental housing than what would have been possible in the absence of rent control.
3. The Philippines rent control law has provided relatively moderate controls, but the strict ejectment provisions can dissuade many owners from renting out their property.

Some recommendations were:
1. Rent Control/Board should be created to settle disputes between tenants and owners, not through the judicial courts which have many works to

On the other hand, Malabon, Navotas, Taguig/Pateros have no uncontrolled renters in 1998. The paper was able to generate the net benefits and the distribution effects of the Rent Control Law. It also determined the negative relationship between household income and benefits and its implications. Moreover, the paper was able to show the mean benefit share between controlled and uncontrolled sectors.
The effects of rent control on income was also determined. If the net benefits of rent control is significant, an improvement in the distribution income is expected but it is up to 59,999 only.
RESOLUTION
In researches similar to what is presented in this paper, there are several limitations. Some limitations could be the absence of other relevant variables. On the other hand, the advantage is, it is not expensive to gather data. What one can do is to use proxy methods, dummy methods among others. If your study is similar to this, then you have an excellent understanding of multi variable tools in