Should Chicago Have Rent Control?
Will Guzzardi says that local councils, not the state, should have the final say to implement rent control.
Will Guzzardi says that local councils, not the state, should have the final say to implement rent control.
SCOTUS denied a writ of certiorari in the case of Community Housing Improvement Program v. New York City, meaning a lower court's decision against CHIP stands.
Labour's plan to kick-start housebuilding and contain rent levels could create a platform for the London mayor to introduce rent caps on private housing.
Council member Stephen Levin is reportedly planning to introduce the bill next week.
Leverage is trending down, and lenders are expecting a longer stabilization period and hold.
Santa Ana activists are gathering signatures to place a new rent control initiative in the city for the November election.
California voters reject Proposition 21, while Proposition 15 is too close to call.
Rent adjustments would need to be approved annually by a seven-member Commercial Rent Guidelines Board, appointed by the mayor.
Similar ballot measures were defeated in 2018 and 2020.
Real estate leaders and some local officials are warning about the fiscal impacts rent control could have on Massachusetts.
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