Cambodia National Assembly puts brakes on rent hikes

[geovalin]

Taing Vida

Lawmakers yesterday passed a rent control law for low-income earners and students, prohibiting landlords from increasing rent for two years once a contract is signed and allowing tenants to scrap a lease agreement without notice.

The law, which sailed through the National Assembly with 102 of a possible 104 votes, was welcomed by workers, students and labour rights groups, who have long campaigned against landlords raising prices on the back of minimum wage increases.

“I’m over the moon,” said Song Danet, an 18-year-old student at Indradevi High School who rents a room in Tuol Kork for $70 per month excluding electricity.

read more: http://www.phnompenhpost.com/national/na-puts-brakes-rent-hikes

[oneday]

Cambodia is looking pretty progressive.

[northernphil]

Sorry I will go away , I thought it said " put brakes on rent bikes '