Studies show rent stabilization has mixed/negative effects on housing supply and affordability. Why do you support it?
Rent control isn't a housing affordability policy, it's a peace-of-mind policy.
5 posts.
Rent control isn't a housing affordability policy, it's a peace-of-mind policy.
Stabilized rents are not synonymous with affordable rents.
Right now rent stabilization applies to multifamily housing built before 1979. Instead, we should consider a "rolling" threshold that includes all buildings over 30 years old.
Along with its many other benefits, a non-profit acquisition-based affordable housing program could also increase tenant mobility.
Apartment tenants at risk of displacement have good reason to oppose new development. Instead of demonizing them, we should be helping them.