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The law applies to both new and existing homes and bars landlords from making dramatic rent hikes between tenants. The new regulations in St. Paul are unlike the rent control measures that have been in effect for decades in other cities, said Tram Hoang, who managed the Keep St. Paul Home campaign. There’s no dollar amount cap on rent increases, nor are there automatic exemptions for new construction.
The law applies to both new and existing homes and bars landlords from making dramatic rent hikes between tenants. The new regulations in St. Paul are unlike the rent control measures that have been in effect for decades in other cities, said Tram Hoang, who managed the Keep St. Paul Home campaign. There’s no dollar amount cap on rent increases, nor are there automatic exemptions for new construction.
The law applies to both new and existing homes and bars landlords from making dramatic rent hikes between tenants. The new regulations in St. Paul are unlike the rent control measures that have been in effect for decades in other cities, said Tram Hoang, who managed the Keep St. Paul Home campaign. There’s no dollar amount cap on rent increases, nor are there automatic exemptions for new construction.
The law applies to both new and existing homes and bars landlords from making dramatic rent hikes between tenants. The new regulations in St. Paul are unlike the rent control measures that have been in effect for decades in other cities, said Tram Hoang, who managed the Keep St. Paul Home campaign. There’s no dollar amount cap on rent increases, nor are there automatic exemptions for new construction.
Supporters say these initiatives will create stability for tenants in a tight rental market. St. Paul's measure will cap rent hikes at 3%, and Minneapolis' allows city leaders to begin crafting a policy.
One of the nation's most aggressive rent stabilization measures, which caps rent increases at 3 percent regardless of inflation or the age of the building, will become the law in St. Paul.