Finding a new apartment to rent can be a slog. And with over half of US renters already paying more than 30% of their income — the standard threshold — it is clear there’s an affordability crisis.
Every rent control argument I have seen involves specific neighborhoods that are rent controlled. If you apply it universally, those problems would not be an issue.
All you have to do is peg a price cap to inflation.
Every rent control argument I have seen involves specific neighborhoods that are rent controlled. If you apply it universally, those problems would not be an issue.
All you have to do is peg a price cap to inflation.
Virgin California rent control vs Chad New York rent control