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A study that compared the effects of local rent control measures (both vacancy control and vacancy decontrol) with other local growth management measures in 490 California cities and counties (including all the largest ones) showed that rent control was stronger than individual land use restrictions (but not the aggregate effect of all growth ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 November 2024. Regulations to reduce increases in housing rents "Rent control" redirects here. For other uses, see Rent control (disambiguation). Part of a series on Living spaces Main House: detached semi-detached terraced Apartment Bungalow Cottage Ecohouse Green home Housing project Human outpost I ...
According to the City of Portland, the Rent Control Ordinance went into effect on January 1, 2021. This ordinance establishes a base rent of most rental units in Portland to the rent charged in ...
[6] [4] Properties that were under rent control fell into disrepair, and they negatively impacted the property values of the buildings around them. [1] In 1985, Boston mayor Ray Flynn ordered a survey of all boarded up buildings in Boston. [7] By the time rent control ended in Boston, there were more than 10,000 vacant units in that city. [7]
Story at a glance The average American renter is now paying more than 30 percent of their income on housing, as wages have failed to keep up with rent hikes and affordable units remain scarce, a ...
"The post-pandemic economy is treating people very differently, creating a headache for central bankers," Jeffrey Roach, chief economist of LPL Financial, wrote in a research note this week.
The Act prohibits rent control on single family homes, on condominiums, and on newly built rental units. [45] Generally, 'new' means any building constructed after February 1, 1995 (per the 1995 Costa-Hawkins Act). [46] But for cities with existing rent control, 'new' is back-dated per the local rent control ordinance. [47]
Rent prices rose 7.45% year over year in November, according to the latest available data from the Rent Report, the slowest annual rise over the last 15 months. Still, this increase is more than ...