Latest News
The latest news and updates from Housing Solutions Coalition.
Los Angeles Daily News: “Driving owners of rental housing out of business is no solution to the housing shortage”
For more than three years, Los Angeles housing providers have been barred from raising rents, thanks to an emergency rent freeze implemented at the start of the COVID-19 pandemic. Now, the City Council is considering whether to end the freeze or to extend it for another six months.
Boston Herald: Massachusetts Rent Control Ballot Campaign Fails
An effort to place a rent control question on the 2024 ballot collapsed, falling far short of the nearly 75,000 signatures needed to proceed. State Rep. Mike Connolly, who led the effort, plans to push to eliminate statewide rent control preemption through legislative channels, though state lawmakers have resisted such an approach in past years. […]
Why It Costs So Much to Build Affordable Housing
Over the past few months, Google, Facebook and Apple have pledged to invest a total of $4.5 billion in land and loans toward stimulating the production of affordable housing in California. Our article looks at how those efforts, laudable as they are, won’t amount to much unless the state enacts land-use reforms that make it easier and cheaper to build.
Baltimore Banner: Maryland Housing Secretary Says Rent Control Unlikely
At a recent forum, Maryland Department of Housing and Community Development Secretary Jacob Day noted that the state legislature is unlikely to consider rent control. Day said rent control measures might not support the rise of such expenses such as real estate taxes and insurance costs, which could dissuade developers from entering the market. Day […]
Los Angeles Times: It’s Time to End L.A.’s Rent Freeze
The Los Angeles Times Editorial Board argues in favor of ending a rent freeze in Los Angeles that’s been in place since the onset of the COVID-19 pandemic. “The rent freeze has served its purpose, and it’s time to end it,” the editorial board writes. To effectively address housing affordability, they urged Mayor Karen Bass […]
Times of San Diego: Proposed Federal Rent Control Would Make Housing Crisis Worse
In an opinion piece, California-based housing developer Rick Snyder stresses that a proposal to impose rent control on loans backed by Freddie Mac and Fannie Mae would only worsen housing affordability. “Federal rent control would have a destabilizing impact on America’s housing market and capital markets more broadly. You don’t need to be a housing […]
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