Question

What was the original intent behind rent control? and why did voters in boston decide to eliminate rent control?

Answer 1

In Boston, less control became removed because of pressure from belongings proprietors who needed to pay better property taxes due to the decline in the fee of, and exams of, hire-managed property.

Less control is “a central authority application that places a restriction on the amount that a landlord culture can demand leasing a domestic or renewing a rent.” facts from 2019 indicate that 182 municipalities positioned in NY, New Jersey, California, Maryland and Washington, D.C., have some form of hire manipulate.

Less control seems to help affordability in the short run for cutting-edge tenants, however in the lengthy-run decreases affordability, fuels gentrification, and creates negative externalities on the encircling neighborhood.

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