Rent Control
Blog
CAPITAL IDEAS: More Rent Control Won’t Reverse San Francisco’s Downward Spiral
How is it that, in 2024, elected officials still resort to rent-control laws as a pathway toward affordable housing? Are they low-information policymakers wholly ignorant of rent control’s negative impacts? Or ideologues who know better but nevertheless stick to their agenda? In San Francisco, where the cost of housing is ...
California
Judge Glock – On California’s Housing and Homelessness Problems
With housing – including rent control and development policies – and homelessness key issues for voters across California this election year, we present an expanded version of our recent conversation between the Manhattan Institute’s Judge Glock and our Steven Greenhut of PRI’s Free Cities Center. The two discuss government housing ...
Blog
Shocker from Argentina: Free Markets Work in Housing, too
Shocker from Argentina: free markets work in housing, too William L. Anderson | October 18, 2024 Rent control is in the news both in California and elsewhere. In California, voters will decide Proposition 33, which would permit local governments to impose draconian rent controls and other restrictions on property owners ...
Blog
Squatters’ Blues
“California homeowners are facing an ongoing squatter crisis across Los Angeles,” Newsweek reported in May. Based on comments from Daniel Yukelson, executive director of the Apartment Association of Greater Los Angeles, Newsweek said that “thousands of homes are being invaded by squatters who live in them without paying rent, and ...
Blog
Learn about the problems with rent control
Rent-control madness is coming to California’s November ballot
Indeed, the so-called Justice for Renters Act features this simple text: “The state may not limit the right of any city, county, or city and county to maintain, enact or expand residential rent control.” If voters approve the initiative, it would repeal the Costa-Hawkins Rental Control Act. That 1995 law ...
Blog
Read about latest push for rent control
Even as rents fall, progressives push local rent controls
These local measures usually come with a tough cap on rent increases, as well as the creation of a new board of bureaucrats to monitor rents while diverting millions of dollars from other core city services. While local measures have fared better at the ballot box than the statewide efforts ...
Blog
Read about latest push for rent control
Seattle rejects rent control in win for sound economics
It’s always a breath of fresh air when elected officials have a grasp on basic economics. On August 1, the Seattle City Council voted 6-to-2 to reject a rent control proposal from termed-out Socialist Alternative Councilmember Kshama Sawant. Sawant proposed a rent control trigger law that would impose a strict, ...
California
A Delinquent Tenant’s Paradise
Los Angeles recently changed its municipal code to give tenants “permanent protections against eviction and burdensome rent increases.” L.A. County has extended its eviction moratorium, originally scheduled to be lifted on January 31, through the end of March. And a few hundred miles north, California state lawmakers are considering a bill ...
Blog
Biden’s California Economy: Calling for national rent control
When running for president, Joe Biden often praised California’s governance and promised to nationalize many of the state’s policies. While Biden mostly has promoted the state’s infamous Assembly Bill 5, which was an attempt to largely outlaw independent contracting, the president also seeks to mimic the state in another way: ...
Blog
Would A Vacancy Tax Reduce State’s Housing Shortage? History Says No.
While it might seem impossible given the state’s perpetual housing shortage, there are empty homes in California. Some policymakers believe that forcing the owners to put tenants in their properties will help solve an unaffordability problem that has priced so many out of the market. Sounds simple. Of course it’s ...
CAPITAL IDEAS: More Rent Control Won’t Reverse San Francisco’s Downward Spiral
How is it that, in 2024, elected officials still resort to rent-control laws as a pathway toward affordable housing? Are they low-information policymakers wholly ignorant of rent control’s negative impacts? Or ideologues who know better but nevertheless stick to their agenda? In San Francisco, where the cost of housing is ...
Judge Glock – On California’s Housing and Homelessness Problems
With housing – including rent control and development policies – and homelessness key issues for voters across California this election year, we present an expanded version of our recent conversation between the Manhattan Institute’s Judge Glock and our Steven Greenhut of PRI’s Free Cities Center. The two discuss government housing ...
Shocker from Argentina: Free Markets Work in Housing, too
Shocker from Argentina: free markets work in housing, too William L. Anderson | October 18, 2024 Rent control is in the news both in California and elsewhere. In California, voters will decide Proposition 33, which would permit local governments to impose draconian rent controls and other restrictions on property owners ...
Squatters’ Blues
“California homeowners are facing an ongoing squatter crisis across Los Angeles,” Newsweek reported in May. Based on comments from Daniel Yukelson, executive director of the Apartment Association of Greater Los Angeles, Newsweek said that “thousands of homes are being invaded by squatters who live in them without paying rent, and ...
Learn about the problems with rent control
Rent-control madness is coming to California’s November ballot
Indeed, the so-called Justice for Renters Act features this simple text: “The state may not limit the right of any city, county, or city and county to maintain, enact or expand residential rent control.” If voters approve the initiative, it would repeal the Costa-Hawkins Rental Control Act. That 1995 law ...
Read about latest push for rent control
Even as rents fall, progressives push local rent controls
These local measures usually come with a tough cap on rent increases, as well as the creation of a new board of bureaucrats to monitor rents while diverting millions of dollars from other core city services. While local measures have fared better at the ballot box than the statewide efforts ...
Read about latest push for rent control
Seattle rejects rent control in win for sound economics
It’s always a breath of fresh air when elected officials have a grasp on basic economics. On August 1, the Seattle City Council voted 6-to-2 to reject a rent control proposal from termed-out Socialist Alternative Councilmember Kshama Sawant. Sawant proposed a rent control trigger law that would impose a strict, ...
A Delinquent Tenant’s Paradise
Los Angeles recently changed its municipal code to give tenants “permanent protections against eviction and burdensome rent increases.” L.A. County has extended its eviction moratorium, originally scheduled to be lifted on January 31, through the end of March. And a few hundred miles north, California state lawmakers are considering a bill ...
Biden’s California Economy: Calling for national rent control
When running for president, Joe Biden often praised California’s governance and promised to nationalize many of the state’s policies. While Biden mostly has promoted the state’s infamous Assembly Bill 5, which was an attempt to largely outlaw independent contracting, the president also seeks to mimic the state in another way: ...
Would A Vacancy Tax Reduce State’s Housing Shortage? History Says No.
While it might seem impossible given the state’s perpetual housing shortage, there are empty homes in California. Some policymakers believe that forcing the owners to put tenants in their properties will help solve an unaffordability problem that has priced so many out of the market. Sounds simple. Of course it’s ...
