Last month California announced that in order to combat a staggering growth in homelessness it will implement rent control laws effective January 1, 2020. According to Market Watch: The law limits rent increases to 5% each year plus inflation until Jan. 1, 2030. It bans landlords from evicting people for no reason, meaning they couldContinue reading “New Rent Control Law is Trending in Places like California & Oregon, but is it a Proper Response to an Affordable Housing Crisis?”
Tag Archives: rent control
Rent Control is now a Law in Oregon – But is it a Proper Response to an Affordable Housing Crisis?
Good afternoon, all. This week I am back in the office after taking some time to recover from a cornea transplant. My eyes are still pretty sensitive to the light, but it was great to see the sun rise over Grand Rapids this morning. Rent Control as a way of Combating Affordable Housing Crisis? TodayContinue reading “Rent Control is now a Law in Oregon – But is it a Proper Response to an Affordable Housing Crisis?”
Recent Michigan House Bill Would Repeal Prohibition on Rent Control – A Response to the Affordable Housing Crisis?
On March 30, 2017 House Bill 4456 was introduced. The Bill would repeal Michigan’s prohibition on Rent Control. The Bill was presumably proposed in response to the affordable housing crisis in Michigan and all across the United States. Other local governments across the U.S. are exploring legislative avenues to address the housing crisis. According toContinue reading “Recent Michigan House Bill Would Repeal Prohibition on Rent Control – A Response to the Affordable Housing Crisis?”