New York News

Market Realist: “Landlords are Concerned as Rent Control is Being Adopted Again to Tackle the Housing Crisis”

February 14, 2024
Market Realist: “Landlords are Concerned as Rent Control is Being Adopted Again to Tackle the Housing Crisis”

As many states struggle with housing affordability, some lawmakers are again proposing new or expanded rent control regulations… and it’s backfiring. In New York City, rent control revisions are making it increasingly difficult for landlords to fund repairs and cover mortgage payments. — Market Realist 

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