SHAPE Illinois is advocating for housing affordability, progress and equality. Rent control is not the answer - let’s create neighborhoods for everyone in IL.
Business leaders and politicians understand that rent control doesn't work. Opponents of the Massachusetts ballot question this November will have to convince a different audience: the voters.
https://t.co/UoJwnJvWEu
New from me: @GovPritzker will use his State of the State address to push a sweeping housing plan that’d permit multi-unit buildings on most residential lots, legalize granny flats and slash other red tape that’s slowed homebuilding in recent years.
https://t.co/bXeg2SSqKZ
Rent control laws harm tenants and housing providers alike, writes Jill Gaebler of @PPHNofCO. In cities such as Colorado Springs, rent caps disproportionately harm military service members who reside in the area during assignment: https://t.co/0spkSYPqB5
“While apartment market conditions continue to ease nationwide, rent control remains a significant deterrent to apartment investment and development, according to a new survey by the @ApartmentWire.” Read more (via @connectCRE) https://t.co/nFDflnSp27
"More supply is the answer to housing affordability."
In a recent article from Bloomberg, NMHC President Sharon Wilson Géno underscores a simple reality: when communities allow more apartments to be built, rents don’t just stabilize—they fall.
Read more: https://t.co/5gsMZrVmNC
Minnesota’s Twin Cities have diverged on housing policy. While St. Paul has established a strict rent control policy, Minneapolis has focused on building new housing. The numbers reveal a housing boom in Minneapolis and a production quagmire in St. Paul: https://t.co/G9TxWegkL6
Rental housing economist Jay Parsons presented data showing Montgomery County’s drop-off in multifamily housing construction in a LinkedIn post last week in which he blamed one factor: rent control.
Read more (via @Bisnow): https://t.co/1Nfudk1Kem
This USA Today piece offers clear commentary on why rent control in cities like LA and New York hasn’t solved the housing shortage and, in many cases, has made it harder to build the homes communities need. Policymakers should focus on solutions that increase supply and support long-term affordability.
https://t.co/eWMfqXEmyK
A recent study from the Boston area found rent control creates significant negative effects & long-term costs. @PioneerBoston concluded demand-side programs (rental vouchers/direct rent subsidies) are more effective in helping low-income renters. Read more https://t.co/OAYxqfJZl3
ICYMI: "The data are as clear as they are damning. Since rent control passed, apartment construction permits in Saint Paul have plummeted by 84%, a blow to our future housing supply." Read more: https://t.co/czYMGJgowk
Time and again studies show how rent control ultimately hurts neighborhoods. Visit the SHAPE Illinois website to learn more about the unintended consequences of rent control: https://t.co/n2TqPW4XdX
Affordable Housing Solutions: The "Build Illinois Homes Tax Credit" - HB 1147 (Rep. Avelar) /SB 62 (Sen. Peters) would incentivize construction of affordable housing, create private investment & expand access to existing unused federal aid.
Learn more: https://t.co/zyBNsc7J7L
The Harvard Joint Center for Housing Studies reports in its State of the Nation’s Housing 2025 that rental unaffordability has reached an all-time high, a crisis that demands an increase to the housing supply. Read more: https://t.co/kmYYxn5Lyi
Tax-Based Incentive Programs should be part of a comprehensive approach to improving housing affordability. This @ApartmentWire report provides a blueprint for municipalities looking to further facilitate housing, specifically affordable housing: https://t.co/8PGDqgLQpD
SHAPE Illinois is advocating for housing affordability, progress and equality. Rent control is not the answer, instead let’s create neighborhoods for everyone in Illinois. https://t.co/tRe3SO0D9m