Rent Control Expands as Tenants Struggle with the Record-High Cost of Housing
Rent control is both controversial and politically popular. Jim Lapides, with the National Multifamily Housing Council, tracked 19 state legislatures that had rent control proposals this year — nearly all of them to expand it. Combined with local measures, he says it's the most he's seen in working on the issue for a decade.
Lapides understands the appeal of what seems like a quick, easy fix, but says this is not it. "It's a shame, because rent control attempts to address the symptoms of the problem while making the core issue worse," he says. Read article.