Rent Control Hurts Housing

[Rent Control Hurts Housing @NORentControl]

Colorado advocates are clear: rent control will disincentivize housing creation and increase overall costs. Instead, easing barriers to construction is key to lowering costs and increasing supply. Massachusetts must learn from these advocates.

https://t.co/hg6KPrgYIu

[Rent Control Hurts Housing @NORentControl]

Eliminating red tape around creating triple-deckers provides communities with one more tool to address the housing crisis. Cities across the region should emulate Somerville and ease construction of these classic multi-family homes.

https://t.co/xrxL31WVB2

[Rent Control Hurts Housing @NORentControl]

Austin green-lit multifamily building permits at a rate of more than four times that of Boston, so it's no surprise Austin's rent fell while Boston's increased. Boston and MA must reduce barriers to construction to encourage creation and lower costs.

https://t.co/KoblHCiCGE

[Rent Control Hurts Housing @NORentControl]

Reforms like the MBTA Communities Law, which encourages the creation of multi-family homes, are key to overcoming the housing crisis. Communities across the state must embrace forward-looking policies like these, not rent control.

https://t.co/nj5sBuv3hA

[Rent Control Hurts Housing @NORentControl]

Charlotte shows that when you build more apartments, prices fall. Massachusetts must learn from this southern city to increase supply and make homes more affordable for all.

https://t.co/Be7IG3PThR

[Rent Control Hurts Housing @NORentControl]

This recent report from Up for Growth emphasizes how rent control has, throughout history, discouraged rental housing creation and upkeep. Massachusetts must avoid looking to failed policies like this, and instead prioritize creating more homes.

https://t.co/P6nlxg2Obc

[Rent Control Hurts Housing @NORentControl]

Unfortunately, it is not surprising to see Oregon - which passed rent control in 2019 - struggling to build homes. Massachusetts must learn from Oregon and avoid putting artificial caps on rent. Instead, we must ease barriers to housing creation.

https://t.co/YkgMnc5Rhf

[Rent Control Hurts Housing @NORentControl]

Beacon Hill lawmakers are debating repealing the ban on rent control. To us, the answer is clear - passing rent control will halt already-slow housing creation. Instead of looking back to failed policies, we must focus on creating more homes for all.

https://t.co/iHjiDdp3oZ

[Rent Control Hurts Housing @NORentControl]

Now that the rent control ballot campaign is officially dead, it is time to work toward ending the housing crisis in the most effective way we know: building more homes.

https://t.co/PzDm7GxGNu

[Rent Control Hurts Housing @NORentControl]

Brookline's overwhelming adoption of the MBTA Communities Act could create 1,500-plus homes, bringing the town and state one step closer to overcoming the housing crisis. Policies like these – not rent control – will make the state more affordable.

https://t.co/zjEAPjPX3W

[Rent Control Hurts Housing @NORentControl]

We couldn't agree more with @WSJ: Boston should avoid looking to failed, inefficient policies like rent control, and instead focus on reducing barriers to housing creation. Producing more homes is key to overcoming the housing crisis.

https://t.co/qy8qqjQ8Gf

[Rent Control Hurts Housing @NORentControl]

Rent Control sounds good in practice, but is damaging to tenants and neighborhoods. That's why 68% of @bostondotcom readers agree that it isn’t the solution to the housing crisis and would actually make things worse. Read the full story here. https://t.co/RUZ0F0mI3z

[Rent Control Hurts Housing @NORentControl]

The @BostonGlobe is right: Building in Boston shouldn't be so difficult. We applaud @MayorWu for trying to make it easier for housing providers to build the units the area so desperately needs.
https://t.co/iDOMMRETGg

[Rent Control Hurts Housing @NORentControl]

Rent control would make the housing crisis worse by putting the brakes on what's needed most to make Massachusetts more affordable: increased housing development.

https://t.co/RE6zblLdzj

[Rent Control Hurts Housing @NORentControl]

State lawmakers are taking time to carefully vet Boston’s plan to cap rents, add red tape to evictions and impose other regulations on housing creators. @GBREB President Greg Vasil lays out the best way to solve the housing crisis: build more units.
https://t.co/Pz1TA4aM0j

[Rent Control Hurts Housing @NORentControl]

Listen to economists: Rent control doesn't work. “Economic theory predicts that rent control, acting as a binding price ceiling, will lead to a shortage in apartment rentals” an economics professor writes in an op-ed for @bangordailynews. https://t.co/isTJoPidnv

[Rent Control Hurts Housing @NORentControl]

A new @Forbes article explains the flaws of rent control policies, specifically in NYC, and suggests that cities should instead encourage developers to "build, own and operate rental buildings in a profitable way." https://t.co/4XYo4EJXaR

[Rent Control Hurts Housing @NORentControl]

“I believe in facts, and the facts don't support rent control," LaTrisha Vetaw, a Minneapolis City Council member, wrote in a recent op-ed opposing a push to cap rent increases. Read it here.
https://t.co/VI6Tpyzj0X

[Rent Control Hurts Housing @NORentControl]

In an interview with @NStarReporter, @RepAuchincloss talks about why the state should build more housing: “The cost of housing is the biggest problem in Massachusetts. And the most effective policy solutions are supply side solutions." https://t.co/zE5owIoBKC

[Rent Control Hurts Housing @NORentControl]

A Minneapolis city staff report argues rent control would not help cost-burdened renters there, finding the policy would encourage landlords to raise rents to the maximum price allowed and discourage them from maintaining and improving their properties. https://t.co/vsKVpjVIu1