I don’t think it has to be that complex. Here in the Netherlands, we have a system that non-luxury houses get points and the number of points determines the maximum rent.
It’s not perfect, but for many decades it worked quite well.
A reform is now being proposed to extend the system to middle class housing.
Complex and subjective systems are risky, precisely because they provide opportunities to cheat.
I don’t think it has to be that complex. Here in the Netherlands, we have a system that non-luxury houses get points and the number of points determines the maximum rent.
It’s not perfect, but for many decades it worked quite well.
A reform is now being proposed to extend the system to middle class housing.
Complex and subjective systems are risky, precisely because they provide opportunities to cheat.
Simple is best.