Could We Win National Rent Control?
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Published 2023-07-26
They're a part of a coalition of massive landlords, baks, and investors who are pooling resources to block rent control and renter protection policies.
One of the biggest landlord industry lobbying groups is called the National Multifamily Housing Council. That group has spent almost $10 million lobbying against rent control.
Despite this opposition, we're seeing one of the largest upticks in tenant organizing since the 1970s, as renters across the country face worsening housing crisis. Groups like KC Tenants are at the forefront of this movement, fighting to stop unfair rent hikes and corporate slumlords.
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All Comments (21)
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We should ban corporations from owning housing property at all.
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The answer to this is simple, do not let corporations own residential property.
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I’m a plumber and I work primarily on new construction for apartments. And I’m always amazed to hear what each of the units will cost a month. It’s just ridiculous.
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$1.3 billion?!?! Never thought I'd live to see the day where CEOs are making billions a year in salary.
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It's horrible! There's absolutely no way for hard working Americans to afford outrageous rent. When they become homeless, they're treated like criminals. They know exactly what they're doing. Politicians are invested in those companies and some own them.
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Imagine a day were your rent could be 15-25% of your income. Instead of 80-120%
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I live in NYC and it has gotten absolutely ridiculous. The greed is out of control. Something really needs to be done now.
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The government also needs to stop increasing property taxes every year.
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It’s wild how some people don’t understand that endless profit isn’t sustainable.
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We have to stop using the term lobbying. The real term is BRIBERY
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We all know that the government will say they side with tenants but they will support the money in the end and secretly not change any policies
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Barring corporations from owning/purchasing singe family housing will substantially help the housing market
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When a 1 bedroom apartment is $1800, meaning you have to make at least $72,000 to qualify for the 40x rule that most landlords require, you know things are going WELL
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Corporations should be banned from owning single family homes. Everywhere. Period.
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I’ve met people working full time that are living in shelters. This rent abuse needs to be addressed as soon as possible. Housing is a human right.
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I have a friend that is in her late 60's. Last year her community raised her rent by $700. I've seen others raised by $300-$400 just like that, and they were not living in luxury apartments.
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I had to buy the house I was renting because the owner was selling and it was cheaper than paying rent and moving somewhere else. This insanity has to stop.
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UNIONS WORK. LET'S TAKE THIS COUNTRY BACK FROM THE BILLIONAIRES 😤😤😤
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It’s not just landlords. Property taxes should be illegal or greatly, greatly reduced as they double the costs.
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Wow, finally we're starting to talk about rent control. Been trying to afford a 1 bedroom for 5 years now. Succeeded in getting my CDL and still I can't afford a 1 bedroom working 70 hrs a week. Now that ive become a trucker it baffles me that with all the vast amounts open space (like oceans of untouched land) we are not building outside of condensed and overcrowded cities. It feels like whatever groups that are pulling the strings want to pack us in areas so that we spend our money with local businesses to squeeze as much profit out of us in that area as possible to line the pockets of corporations who have invested interests in that area.
