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Should Chicago Have Rent Control?
Will Guzzardi says that local councils, not the state, should have the final say to implement rent control.
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Will Guzzardi says that local councils, not the state, should have the final say to implement rent control.
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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.
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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.
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Council member Stephen Levin is reportedly planning to introduce the bill next week.
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Leverage is trending down, and lenders are expecting a longer stabilization period and hold.
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Santa Ana activists are gathering signatures to place a new rent control initiative in the city for the November election.
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California voters reject Proposition 21, while Proposition 15 is too close to call.
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Rent adjustments would need to be approved annually by a seven-member Commercial Rent Guidelines Board, appointed by the mayor.
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Similar ballot measures were defeated in 2018 and 2020.
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Real estate leaders and some local officials are warning about the fiscal impacts rent control could have on Massachusetts.
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