The Boston Herald editorial board offered a strong argument against rent control, suggesting that the city of Boston would be better served focusing on policies to spur housing development. With respect to rent control, the editorial board wrote, “Would landlords’ costs be capped as well, or are they expected to eat the cost of stagnant rental income going forward? Will the city cap property taxes? And does the rent control bid include a proviso that costs incurred for maintenance and upkeep on rent-controlled units are waived?… What is the incentive for the landlord of rent-controlled units to keep operating and not cut their losses by selling the apartments as condos?” – Boston Herald
Massachusetts
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Boston Herald: Treat Landlords as Allies to Fight Housing Crisis
November 20, 2023