In 1948, the legislature enacted a central Rent Control Act. It governs the laws of property rental and guarantees that neither the landlords' nor the renters' rights are abused by the other. It is also essential to note that each state now has its own Rent Control Act, which, while primarily identical, has some minor variances. The real estate sector struggled to thrive among locations due to the 1948 Act's strict and pro-tenant provisions. Despite inflation and rising property values, some homes rented out since 1948 continue to pay the same rent. Th...
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