Sentences with phrase «rent control»

He argues that a lack of rent control on new properties encourages the construction of more rental units.

It's also possible lawmakers would agree to extend rent control for one year and match up with the expiration of the state's property tax cap.

First approved in 2011, the cap doesn't expire until 2016, but is considered a key component in keeping rent control in place.

The board updated the association's statement on rent control policy that has been in place since 1997.

Some landlords might try to cash out quickly before new rent control regulations can be adopted.

However, unless you live in an area with rent control laws, your landlord will have the ability to raise your rent when it comes time to renew your lease.

However, it could be extended for days or a week or even longer as issues such as rent control and property taxes remain unresolved.

D. All public housing is exempt from rent control.

I'm not in favor of extending rent control.

You are basically only allowed to charge rent, and rent is regulated under rent control.

Since rent controlled units are the ones built before 1979, and neighborhoods have changed somewhat in that time, this is a very real concern.

Even in areas not governed by rent control laws, if you raise the rent too high, you risk losing a stable tenant.

They don't seem to understand that rent controls don't work in the free economy.

He is a champion of liberal causes, including rent control, and unions.

My opinion rent control properties have never been in any favor of investing.

The cap expires in five years; rent control expires in four.

In the final days of session, lawmakers were able to tackle key issues like rent control, education reform, and an extension to the state's property tax cap.

Finally, any rent increase must comply with local rent control laws.

Apartment owners say rent controls will discourage construction of badly needed housing units.

Owners of rental properties will want to know how to legally get around rent control laws and break leases with existing tenants.

Other things is if this building and area has rent control which will severely limit future cash flow growth.

The short - term effect of imposing rent controls on the available supply of rental units is quite small.

They cited problems with rent control reforms, landlords, hard - to - navigate red tape, alleged discrimination against minorities and problems accessing Section 8.

I was wondering if anyone had any experiences they would like to share if they live or invest in areas that already have implemented rent control.

Rent control limits to an inflation index, usually around 2 % a year, which is why initial pricing and tenant turnover is important for better profitability.

When rent control only applies to the current tenant of the property, the landlord can increase the rental rate when the covered tenant's lease expires and the tenant moves out.

«I don't think rent control is good for the city,» the developer, who has hundreds of units in the pipeline, said.

By taking away so much of the effective ownership of rental housing from owners, rent control creates several other additional adverse effects.

This is very bad for home owners too as rent control leads to run down housing and not being able to control bad people in good neighborhoods.

And because landlords have no incentive to improve or even maintain rent controlled units, the lucky few may not be lucky for very long.

Rent control continues to diminish in popularity, with rental property owners lobbying lawmakers for bills banning the practice.

Rent control remains a highly complex issue that varies in detail by state and city.

If we give her another for years she will fight against the landlords and and save rent control.

Two years ago, voters defeated rent control in a statewide initiative.

The restriction in supply of rental units in an area also raises the price of owner - occupied homes, undermining their support against rent control.

This causes the rental supply to actually decline, and apartments that ARE NOT rent controlled become even more expensive.

Rent controls exist in many cities across the world and I want our cities to have those powers too and tenants to have those protections.

«You just don't give rent control for nothing,» the anonymous senator said.

If elected, he promises rent control and affordable housing.

There is some talk of simply doing a one - year extension that would line rent control up with the expiration of the state's property tax cap.

Rent control destroys the private rented sector and reduces the quality of housing, he says.

Rent controlled hell - holes are something else altogether, and we'd be best of «tiny house» was a phrase that is never associated with it.

Rent control typically exists in cities with large populations of tenants.

We'll answer these questions and make rent control easier to understand for tenants and landlords.

I happen to think in certain situations, like when market forces would force out families who have grown up in close knit neighborhoods, rent control fits.

This article explains the politics behind rent control and how even though it doesn't work politicians still keep pushing for it.