The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, September 23, 2019
Washington Post Editorial Board: Populists Are Wrong, Rent Control Does Not Help Cost-Burdened Renters
The Washington Post Editorial Board published an editorial over the weekend explaining why rent control does not help most renters. The Post cites a study from Stanford University published earlier this year that found that rent control laws are driving gentrification in San Francisco. The Editorial Board argues in favor of policies that can make it more affordable to build new housing, such as increasing density and combating NIMBYism. Read more.