A study by the Center for State Policy Analysis at Tufts found that rent control would affect every homeowner by significantly reducing their property values. With double-digit losses across the state, homeowners could be left underwater. #mapoli
Over the weekend, the @nytimes Editorial Board released an OpEd in which they pointedly stated that rent control has not solved New York's housing problems, and it will not solve our state's housing challenges either. #mapoli
The neighborhood archetype in the photo below is one of the most desirable places to live in the country. The laws prohibiting us from building more of it are among the most counterproductive policies in the country.
@patrickc It's 99% in Boston according to Boston Planning Departments own estimates and analysis. In most cities and towns in Massachusetts it's over 90% of existing homes are considered 'existing non-conforming.'
Carolyn Chou, the leader of the MA rent control campaign, misrepresents her own policy. She claims that the average owner of a small rental property would be exempt, ignoring the thousands of small property owners who live elsewhere in their communities and would be subject to it. See our press release below:
Property owners, including the majority who aren't landlords, should think carefully about what rent control will do to their home equity and their tax bill:
In just 10 years, some cities and towns will see a 27% drop in property values if rent control passes. A house is more than just shelter; it is also an investment to build equity and pass down to future generations. Rent control will hurt the already shrinking middle class.
Rent control is a failed policy that will only worsen our state’s affordability crisis. We need to focus on proven policies that bring down housing costs and protect our communities. Rent control is not the answer. https://t.co/KJCYYZayuY #mapoli
SPOA testified strongly at this week’s rent control hearing. Now it’s your turn. Submit written testimony by Saturday, March 21 at 5 PM. If small property owners don’t speak up, others will speak for us. https://t.co/XI1VALqLdv
"There is now unambiguous, solid economic evidence, not just abstract economic theory, that rent control would make the affordability problems facing [Massachusetts] worse, not better."
- Jon Gruber, Chairman of the Economics Department at MIT
Tony Lopes, a small property owner and VP of the @SPOA_Mass, reminds legislators that 60% of housing providers in Massachusetts are small property owners. #mapoli
“Every local union should endorse a vote no on rent control, especially inside construction local unions… I feel this issue is more important than most understand.”
- Mike Monahan, IBEW internal email
https://t.co/uHOaTcd3Qv
Governor @maura_healey said she would vote no on a proposed rent control ballot measure because it hurts housing creation. As our state works to build 222,000 new homes to bring down the cost of housing, rent control would only stifle development and drive up costs. #mapoli
Massachusetts voters banned rent control in 1994 because it failed our communities. In fact, rent control has failed everywhere it has been implemented. Listen to @SPOA_Mass President Amir Shahsavari here.