BluePerspectives

If We Want Affordable housing, We Need Rent Control

Michael Weinstein writes that low-income families and individuals cannot afford to wait for new housing to be built.

 According to Michael Weinstein, low-income people and families do n’t have the luxury of waiting for more housing to be constructed. According to Michael Weinstein, low-income people and families do n’t have the luxury of waiting for more housing to be constructed. 

Michael Weinstein writes that low-income families and individuals cannot afford to wait for new housing to be built.

 

In 2024, there is increasing support for rent control as a potential solution to the expanding problem of affordable housing in the nation. Although a rent control bill in Washington state did not progress, restrictions on rent hikes, late fees, and charges came closer to being approved than in previous attempts. Democratic Governor Josh Shapiro of Pennsylvania is suggesting allocating $80 million towards initiatives aimed at preventing homelessness and providing legal aid for those facing eviction. In recent news, St. Paul, Minnesota, and Montgomery County in Maryland have become two of the 200 local governments that have effectively implemented rent regulation. The Justice for Renters Act in California aims to repeal the state’s ban on rent control and will be on the ballot in November. The 2024 ballot measure seeks to empower local communities to control rent prices, ultimately increasing affordability for low-income tenants in apartments. More than 60 percent of Americans across the country are in favor of implementing rent control. In Florida, a majority of voters in the conservative-leaning state believe that there should be restrictions on raising rent prices.

 

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