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So far John Smith has created 166 blog entries.

La Rent Control Increases Will Climb to 4 Percent in 2019

Angelenos living in rent-controlled apartments may see monthly rent payments climb slightly higher than expected in the coming months. In the city of Los Angeles, price hikes for most apartments built before 1978 are regulated by the Rent Stabilization Ordinance, and for the last decade have been capped at 3 percent annually. But in the 12-month [...]

2019-03-15T10:44:33-07:00March 15th, 2019|Advocacy|

Why Rent Control Is Wrong for Chicago

Despite ongoing efforts to address the nation’s workforce housing crisis, it remains a critical issue in 2019, leading to a renewed push for rent control. Last month, Oregon enacted our country’s first statewide cap on rental increases. However well-intended, these policies have been proven to fall short of expectations and in most cases do more [...]

2019-03-15T10:40:16-07:00March 15th, 2019|Advocacy|

Veronique De Rugy: Statewide Rent-Control Laws Cannot Escape the Law of Supply and Demand

Last week, Oregon became the first state in the nation to adopt a mandatory statewide rent control policy. Yet rent control never delivers on the promise that it will multiply the affordable housing in high-value markets to serve middle- and lower-class families. It also always has negative consequences, and this time will be no different. The [...]

2019-03-11T13:21:48-07:00March 11th, 2019|Advocacy|

Oregon Just Enacted Statewide Rent Control—and It Could Be a Model for the Country

Last week, Oregon became the first state in the U.S. to implement universal rent control. Senate Bill 608, signed in to law by Governor Kate Brown, will restrict annual rent increases to 7 percent and ban what is known as “no-cause” evictions, in an attempt to provide immediate, widespread relief to the state’s rent-burdened households. [...]

2019-03-11T11:40:38-07:00March 11th, 2019|Advocacy|

Bad Rent Control

With Oregon passing statewide rent control, the “door has been opened” to tweak the law locally to better protect tenants from money-addicted landlords. The current “one size fits all” legislation fails to protect the most vulnerable. The newly legalized cap of a 7-percent annual increase will financially devastate those in the lower socio-economic groups [...]

2019-03-08T09:57:53-07:00March 8th, 2019|Uncategorized|

Rent Control Doesn’t Work: New at Reason

Last week, Oregon became the first state in the nation to adopt a mandatory statewide rent control policy. Yet, as Veronique de Rugy observes, rent control never delivers on the promise that it will multiply the affordable housing in high-value markets to serve middle- and lower-class families. It also always has negative consequences, and this [...]

2019-03-08T09:53:14-07:00March 8th, 2019|Advocacy|

Commentary: Chicago Wants Rent Control — Will Our Elected Officials Listen?

In the recent Chicago municipal election, 18 precincts included a referendum question on their ballots asking if the state of Illinois should support rent control. In all 18, voters said yes. In 2018, wards across Chicago were asked similar questions and overwhelmingly answered yes. The message is clear to our next mayor and City Council: [...]

2019-03-08T09:43:05-07:00March 8th, 2019|Advocacy|

Rent Control Cannot Escape the Law of Supply and Demand

Last week, Oregon became the first state in the nation to adopt a mandatory statewide rent control policy. Yet, rent control never delivers on the promise that it will multiply the affordable housing in high-value markets to serve middle- and lower-class families. It also always has negative consequences, and this time will be no different. [...]

2019-03-08T09:31:45-07:00March 8th, 2019|Advocacy|

Is rent control the answer to Boston’s housing crisis?

BOSTON - Finding a reasonably priced place to rent anywhere around Boston is tough. "It's very expensive, compared to the amount you get paid when you work, and then with the cost of living, it's very hard to find," one man in Jamaica Plain told Boston 25 News. Last week, it became law in Oregon. Now, [...]

2019-03-08T08:50:45-07:00March 8th, 2019|Advocacy|

New York Is Closer to “Universal Rent Control” Than You Think

Before the 2018 state election cycle, universal rent control was not a common phrase among New Yorkers. When the idea gained popularity, thanks to the campaigns of progressive insurgents such as Cynthia Nixon, Jumaane Williams and Julia Salazar, it seemed to some like an ill-defined pipe-dream. But now, just two months into the state Legislative [...]

2019-03-05T17:04:36-07:00March 5th, 2019|Advocacy|