A new paper finds that lower income property owners are seeing the biggest falls in property values while high-income renters will get the biggest discounts on rent.
A collapse in new development activity followed St. Paul voters' approval of a strict, vaguely written rent control ordinance. City and state officials are scrambling over how best to fix the new law.
Even supposedly well-designed rent control policies come at the expense of new supply while creating a class of renters opposed to necessary zoning reforms.
Developers Halt Projects, Mayor Demands Reform After St. Paul Voters Approve Radical Rent Control Ballot Initiative
Unlike almost every rent control law in the country, the ordinance passed by St. Paul voters includes no exemption for new construction.
Plus: The Twin cities both say yes to rent control, Eric Adams will be the next mayor of New York City, and more...
Plus: The Twin Cities will both vote on rent control ballot initiatives, New Jersey and Virginia voters will pick a new governor, and more...
New bills passed earlier this week require landlords to give tenants 180 days' notice before raising rents and pay relocation expenses to low-income tenants who move in response to rent hikes.
Rashida Tlaib Supports Legislation Canceling Rent. She Also Made Up to $50,000 as Landlord Last Year.
The Michigan congresswoman is a co-sponsor of a bill that would suspend all tenants' obligation to pay rent through April 2022.
The federal government's ban on the removal of non-paying tenants was supposed to expire on June 30. It'll now run through July 31.
The Massachusetts Congresswoman is a two-time supporter of the Rent and Mortgage Cancelation Act.
Freezing rents at existing affordable housing will eliminate developers' incentive to build more of it.
Victories for Liberty, Property Rights, and Nondiscrimination on Three Major California Ballot Measures
Beneficial outcomes on at least three of four important California ballot measures: racial preferences, rent control, and protecting ride-share businesses and workers.
Californians Vote on Four Ballot Measures with Major Stakes for Liberty, Property Rights, and Justice
These votes could have a big impact on the nation as a whole, as well as California.
Only 37 percent of voters said they support Prop. 21, which would give local governments more power to limit rent hikes.
Government growth and abuses are not challenged nearly enough.
With 30 Percent of Tenants Unable To Pay Their Bills This Month Due to COVID-19, Many Want Rent Canceled
Alexandria, Virginia, is the latest city to entertain demands to cancel rent payments during the current pandemic.
Yes, tenants are losing their jobs because of the COVID-19 shutdown, but forcing businesses to provide services for free would have a ripple effect.
New York Legislators Introduce Bill To Cancel Rent for 90 Days for Workers Affected By Coronavirus Closures
Sen. Mike Gianaris (D–Queens) argues eviction moratoriums don't go far enough to protect renters who've been put out of a job because of the virus.
City reports and industry find taxes, regulation, and permitting delays are often a bigger drag on small businesses than rising rents.
Brokers and building owners are vowing to fight a regulation they say will be catastrophic for their industry.
The new initiative from the AIDS Healthcare Foundation would allow local governments to go beyond the state's existing caps on rent increases.
New York's Progressive Rent Regulations Having the Exact Same Negative Consequence That Skeptics Predicted
New York told landlords they couldn't pass along renovation costs, so landlords stopped doing renovations
Many jurisdictions are alleviating housing shortgages by cutting back on zoning. Unfortunately, there is also a trend towards expanding rent control, which is likely to have the opposite effect.
A report from the city's Department of Planning finds that housing construction has not kept pace with job growth.
Development restrictions and NIMBYism, not tech sector success, explain Silicon Valley's housing costs.
The actor and comedian is the owner of a three-unit rental property in Chicago.
The socialist presidential candidate wants the federal government to take the lead in regulating rental prices and building new rental housing.
Economists have long warned that rent control only limits housing supply and drives up prices in the long-run
Rent increases could be capped at 5 percent plus inflation under a new agreement struck by Gov. Gavin Newsom and state legislative leaders.
The Golden State toys with bad fixes to its worsening housing affordability problems.
Landlords are suing to overturn state rental regulations that limit how much they can charge tenants and who they can rent to.
It's by building lots more housing, obviously.
The state's new rental regulations make it more difficult for landlords to raise rents on well-off renters.
A compromise version of the bill would cap rent increases at 7 percent plus inflation for three years.
Everywhere rent control is tried, the same things happen. Landlords exit the market. Developers stop building apartments. Supply drops significantly.
A new mailer from the AIDS Healthcare Foundation argues that allowing the construction of apartment buildings near transit stops is tantamount to "negro removal."
A suite of bills just dropped that would impose price controls and limit evictions
Oregon's new rent control law won't deliver on its promises.
The senator's own San Francisco is a case study in the policy's poor consequences.