Problems with Rent Control

Did you buy your rental property after rent control ended? (11/3/2019) - Have you lived under rent control?  Rent control in Massachusetts ended in 1994, thanks to SPOA. Many younger owners today have NO IDEA how rent control will change their relationship to tenants – once the local rent board takes over … Continue reading
Rent control never stays “mild,” it only gets stricter and stricter (11/3/2019) - “Mild” rent control is the camel’s nose in the tent.  Rent control pays tenants every month to vote for pro-rent-control lawmakers and to demand lower and lower rents. Rent control is not a housing policy. It is a political power … Continue reading
Impacts of RENT CONTROL on types of property owners (11/3/2019) - (Based on past rent control systems in Massachusetts. Rent control can vary by city or by state. Oregon California’s recently enacted rent control covers all rental units in each state except single-family homes in some cases. Proposals for nationwide rent … Continue reading
ECONOMIC IMPACTS of rent control (11/3/2019) - The simple act of pushing rents below market value has widespread negative impacts. Giving local-option rent control would affect the state’s entire economy. Devaluation   The initial vote to impose rent control immediately lowers the value of all affected housing. … Continue reading
The choice: Rent control •OR• create more housing (11/3/2019) - Economists say repeatedly:  The cause of high rents is lack of a sufficient supply of rental housing. It follows, therefore, that to bring rents down broadly, we must create more rental housing units.  Rent control, however, stops all new rental … Continue reading
Rent control widely debated (10/29/2019) - Oregon recently passed statewide rent control with 7% annual rent increase limits. California also recently passed statewide rent control, but with lower 5% annual rent increase limits. Presidential candidate Bernie Sanders recently proposed nationwide rent control with still-lower 3% annual … Continue reading
Lest we forget how bad rent control is (10/28/2019) - 25 years of rent control in Cambridge, Massachusetts A national debate is taking place on whether rent control is an effective housing policy. Yet in 1994, liberal Massachusetts voters rejected rent control in a statewide ballot question initiated by the … Continue reading