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GA Blog: Rent Control

Showing blogs: 13 of 3

11.14.19 NAR Supports Suit Against Rent Control

The National Association of REALTORS®, along with several other national organizations, has backed a lawsuit to take on New York’s Rent Stabilization law.  The suit challenges the constitutionality of the law and argues that it violates the 5th and 14th Amendment.

Speaking through NAR 2020 President Vince Malta, the National Association of REALTORS® said that instead of rent control the housing crisis should be faced head on by building more affordable housing.  NAR has been constant in maintaining that rent control does not actually create a fairer housing market but instead reduces the quantity and quality of available housing, discourages new construction, and increases rent for unprotected tenants among other issues.

You can read more about the lawsuit here.

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11.11.19 Mayor Driscoll Adresses Accessory Dwelling Units and Rent Control

Mayor Kim Driscoll appeared on Keller @ Large this weekend addressing directly two seperate housing issues: Accessory Dwelling Units (ADUs) and Rent Control.

The REALTOR® position has been in favor of ADUs by right as a commonsense way to create housing in developed neighborhoods.

You can watch video of the interview above.

 

 

 

 

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4.30.19 Rent control gets a second look in Cambridge

A growing debate over rent control in Massachusetts has people in Cambridge harkening back to an era when apartment-living in this city was quite different: the 1990s.

Specifically, they’re revisiting 1994, the year Massachusetts voters narrowly outlawed restrictions on what landlords could charge tenants. Today, amid a housing crunch that grips much of Greater Boston, some lawmakers are saying it may be time to reconsider that decision.

While Boston and Brookline also had rent control programs in 1994, Cambridge’s was by far the most stringent. Nearly 40 percent of the city’s housing stock was under a rental cap, and a powerful board held sway over what landlords could demand for an apartment. In the quarter-century since the law was abolished, the Cambridge housing market has soared, powered in part by the emergence of Kendall Square as one of the world’s top biotechnology hubs.

There are at least two bills on Beacon Hill — one filed, the other expected to be filed soon — that would effectively undo that 1994 initiative and allow cities and towns to again impose rent control.

The prognosis for the legislation is unclear. Governor Charlie Baker has signaled his opposition to rent control, but supporters say it and other tenant protections should be part of the conversation in any broader housing legislation, including measures Baker wants that would ease zoning changes.

Should they succeed, the debate would be thrown back to cities and towns, many of which — like Cambridge — have changed dramatically since rent control ended.

Tim Toomey, the only current Cambridge City Council member who was on the board in 1994, lives just north of Kendall Square, in what was once a working-class neighborhood that has increasingly become home to biotech and tech workers who earn enough to pay $2,500 a month for a one-bedroom apartment.

Read more about the rent control debate in the Boston Globe.

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