flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Rent control policies backfire on goal of boosting affordable housing

Codes and Standards

Rent control policies backfire on goal of boosting affordable housing

Natl. Apartment Assn. study says rent control decreases housing supply, harms condition of housing stock.


By Peter Fabris, Contributing Editor | January 23, 2020

Courtesy Pixabay

Rent control policies have the unintended effect of decreasing the housing supply, according to a new study by the National Apartment Association.

Rent control harms multifamily cashflow, property values, maintenance spending, and reduces new construction, the study found. The study, “Modeling the Impacts of Rent Control,” is the result of researching the impacts of rent control in four major metropolitan areas.

In recent months, rent control measures have received greater focus and consideration, as housing affordability has become a major concern nationwide. Oregon and California have passed statewide caps on rents, while New York City and Washington, D.C. have also expanded rent regulations.

Other cities have examined other possible solutions including revamping outdated zoning, reducing zoning application fees, and waiving parking requirements.

Related Stories

Codes and Standards | Nov 15, 2021

Intl. Code Council and Modular Building Institute release new off-site construction standards

‘Will create consistency for off-site construction; accelerate the industry’.

Codes and Standards | Nov 12, 2021

GSA will likely shrink federal office space post-COVID

Agency also needs to address maintenance backlog.

Codes and Standards | Nov 10, 2021

Los Angeles launches fast-track office tenant improvements program

Red tape to be cut to make interiors healthier and safer.

Codes and Standards | Nov 9, 2021

Florida state building professionals call for mandatory high-rise building inspections

Group recommendation comes in wake of Surfside condo collapse.

Codes and Standards | Nov 8, 2021

Dept. of Energy to fund 10 pilot smart building projects

Connected communities will accelerate renewable energy adoption and grid resilience.

Codes and Standards | Nov 3, 2021

Fact sheets offer strategies to improve indoor air quality in schools

Center for Green Schools at USGBC document for people without a technical background.

Codes and Standards | Nov 2, 2021

Rapid acceleration of affordable housing development expected over next five years

Federal government programs will spur construction.

Codes and Standards | Nov 1, 2021

New bird-friendly technical design guide released

National Glass Assn. document offers design and installation best practices for glazing.

Codes and Standards | Nov 1, 2021

World’s first chief heat officer tackles how to protect Miamians from extreme heat

Focus on chronic exposure for outdoor workers and for those that can’t afford AC.

Codes and Standards | Oct 28, 2021

Design competition launched to show role of mass timber in decarbonization

Forest Service and Softwood Lumber Board will award $2 million in grants to winning teams.

boombox1
boombox2
native1

More In Category

Sustainability

Grimshaw launches free online tool to help accelerate decarbonization of buildings

Minoro, an online platform to help accelerate the decarbonization of buildings, was recently launched by architecture firm Grimshaw, in collaboration with more than 20 supporting organizations including World Business Council for Sustainable Development (WBCSD), RIBA, Architecture 2030, the World Green Building Council (WorldGBC) and several national Green Building Councils from across the globe.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021