Most renters spend more than a third of their income on rent, leading cities like Boston to introduce measures to stabilize rents – but not without opposition
Some people seem receptive. Others prefer options that don’t inherently limit access by charging people or see the proposal as an affront to the humanitarian, egalitarian impulse driving the campaign against pay toilets a half-century ago.
PD&R’s online magazine, The Edge, provides you with a snapshot view of our newly released research, periodicals, publications, news, and commentaries on housing and urban development issues. Stay informed on current topics and check back frequently, as our content is routinely updated.
Featured: Options and Tradeoffs: Rent Stabilization Policies
This April, Urban Land Institute Minnesota and the Federal Reserve Bank of Minneapolis hosted an online event, “Rent Stabilization: Policy Choices and Impacts.” This virtual event, the first of a four-part series on rent stabilization, featured a keynote address by New York University’s Sophie House, followed by a panel discussion. The panelists discussed the diversity of rent stabilization rules, the state of research on the topic, and the outcomes of such policies.
In Practice: Transfiguration Place Apartments Gains Its Third Life as Affordable Housing in Detroit’s Banglatown
Re-opened in January 2022 after a year-long, $7.2
With a housing market unable to meet demand and rents spiking, Minneapolis and St. Paul are turning to a practice many have scorned as bad housing policy.