In November 2021, St. Paul, MN passed a ballot measure to implement rent control. Since then, investment in the city's housing supply has crashed. Meanwhile, neighboring Minneapolis, which did not implement rent control, has seen a dramatic increase in housing construction and a decrease in rental prices.
Please tell your legislators to oppose the return of rent control to Massachusetts and instead support growth-oriented housing policies to make housing more affordable for everyone.
In November 2021, St. Paul, MN, implemented a rent control policy. Following this decision, the city experienced a significant downturn in housing investment.
Minneapolis, a neighboring city without rent control, has seen a surge in housing construction and a decline in rental prices. This contrasts sharply with St. Paul's experience.
The article suggests that rent control can deter housing investment, leading to negative consequences for the housing supply and rental prices. It advocates for growth-oriented policies instead.
The Small Property Owners Association urges Massachusetts legislators to oppose rent control and support policies that encourage housing growth and affordability for all residents.
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