mellaw6565
Tammi – the answer to that is yes – I am a fan of rent control only because rents and housing prices are WAY OUT OF CONTROL in this area. We are lucky that we haven’t “crashed” yet as other areas of the country. And foreclosures are up because people desperately try to get a roof over their head and end up biting up more than they can chew because it is all that is available.
Maybe some rent control would help stabilize prices so that we can include and provide for all members or our society, not just the ones that can afford it in this speculative market.
P.S. – I’m a landlord of a single family dwelling and purposefully keep my rent low so that I can provide for others that need affordable housing. Wish more landlords and developers would do the same.