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Boston Mayor Michelle Wu speaking July 26 at the child care zoning announcement.
News

Mayor Wu Submits Finalized Rent Control Proposal To City Council

... production. "We have seen in many other markets that rent control does not actually help the affordable housing crisis that ... in the '90s." In 1994, Massachusetts voted to outlaw rent control in a statewide referendum. Boston, Cambridge and Brookline were ...

Feb 14, 2023
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D.C. Council
News

D.C. Council Passes 6% Rent Control Cap After Inflation Led To Largest-Ever Hike

...  to pass additional legislation to "strengthen and expand" rent control, and she said the council should make it easier ... from small landlords to large corporations, have long opposed rent control measures, arguing the restrictions make it more difficult for ...

Jun 06, 2023
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An aerial view of Boston's Back Bay neighborhood.
News

Real Estate Group Launches $400K Lobbying Campaign Against Wu’s Rent Control Plan

... group launching a six-figure lobbying campaign against her rent control proposal.  The Greater Boston Real Estate Board plans to ... real estate affiliates. Vasil said the mayor's rent control push will only exacerbate the housing affordability issues the ...

Feb 21, 2023
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Protesters stand on the steps of a building behind a lectern with speaker. Signs read "people over profits" and "poor people's campaign."
News

Developers Are Battling A Rent Control Movement In Suburban Maryland

... up to nine months after its passage.  Winston said rent control legislation could have a chilling effect on development, limiting ... ensure that such developments were excluded from the temporary rent control measure in the county. While he appreciated that ...

Feb 06, 2023
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The Montgomery County Council at its July 18 meeting.
News

Montgomery County Passes Rent Control Bill With 6% Cap

... voted against the bill, expressed a similar sentiment.  “The rent control approved by a majority of the Council today – the strictest ... Council voted to cap rent increases at 6% on rent-stabilized buildings for the next two years.  Rent control is a topic of ...

Jul 19, 2023
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California's Statewide Rent Control Not Scaring Lenders Away
News

California's Statewide Rent Control Not Scaring Lenders Away

... that adopted, strengthened or were considering rent control or rent caps were affecting development and investment decisions ... developments in these areas despite rent control.   Despite the growing popularity of rent control pushes across the country, ...

Apr 18, 2022
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Investment In Prince George’s Stifled By Purple Line Delays, Rent Control
News

Investment In Prince George’s Stifled By Purple Line Delays, Rent Control

... dissuades investors from investing money in the county. “With rent control in place, you create a different hurdle that now investors ... to his peers about projects in the county because of rent control and other “moronic” local proposals.  “They're like, ‘ ...

Sep 26, 2024
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NMHC President Sharon Wilson Géno, joined by NMHC Vice Chair and CEO of Continental Properties, James Schloemer, briefs NMHC members on the state-of-play in Washington
News

Weekend Interview: New NMHC President Sharon Wilson Géno On Rent Control, Affordable Housing

... s one big challenge I see. The concerns about rent control and rent stabilization issues, they cause uncertainty in the marketplace. ... the future. When there's uncertainty like proposals around rent control, like proposals around making it more difficult to ...

Mar 24, 2023
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Florida state capitol building.
News

Lawmaker Makes Development-Friendly Changes To Florida Anti-Rent Control Bill

... that would ban Florida localities from implementing any form of rent control, while funding the production of new housing, is making ... has spiraled South Florida’s affordable housing crisis out of control. Six in 10 employed adult residents in Miami are ...

Feb 22, 2023
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Doug Firstenberg and Marc Elrich Montgomery County Event 2023
News

Montgomery County Officials, Developers Debate Rent Control, Economic Competitiveness

... Marc Elrich began the event by battling it out over rent control, tax rates and perceptions about doing business and developing ... , we can’t do our business.” This summer’s rent control measure came after months of heated debate surrounding two proposals ...

Sep 11, 2023
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