The Housing Solutions Coalition (HSC), a broad coalition of housing groups, today issued a statement regarding President Biden’s proposed 5% corporate rent cap.

The Housing Solutions Coalition (HSC), a broad coalition of housing groups, today issued a statement regarding President Biden’s proposed 5% corporate rent cap.

Decades of academic research from across the United States and around the world clearly show that rent caps – more commonly known as rent control – reduce the supply of available housing and fail to target those renters who need help the most while simultaneously harming other residents and the communities they reside in.

The YIMBY movement is moving toward its biggest win on Capitol Hill, according to the report.

U.S. Representatives Mark Alford (R-MS), J. Luis Correa (D-CA), Tracey Mann (R-KS) and Brittany Petterson (D-CO) recently established the Bipartisan Congressional Real Estate Caucus, a group aiming to promote policies that will allow the real estate industry and American economy to thrive.

Matthew Yglesias, author and Bloomberg housing columnist, argues that the obvious and most effective long-standing solution to the housing crisis is to build more housing.

The post-COVID rental market is experiencing significant changes affecting renters and landlords alike.

Nationwide, cities and states are tackling the same issue: overly restrictive zoning policies that impede or prohibit new housing construction.

This week, Rep. Adam Schiff (D-CA-30) introduced a bill that aims to repurpose the federal government’s inventory of roughly 45,000 underutilized buildings for affordable housing.

Economists in the Biden administration are taking aim at what they believe to be one of the most significant challenges facing the president’s re-election campaign: lack of federal action on housing costs.

Marcia Fudge, Secretary of Housing and Urban Development, will step down on March 22nd after three years.

According to a new poll from Pew Charitable Trusts, public approval is growing for several policy measures that would make it easier to build new multifamily housing. Popular policies include legalizing accessory dwelling units, legalizing duplexes, triplexes and fourplexes; building of affordable housing development near major transit; and simplifying housing permitting processes. – CNN

The pro-housing movement earned major victories in states across the country this year.

Last week, at a Washington, D.C. housing conference, HUD Deputy Secretary Adrianne Todman and U.S. Senators Ron Wyden (D – OR) and Todd Young (R – IN) discussed how Congress and the Biden administration can work to solve the nation’s housing affordability crisis.

The Federal Housing Finance Agency (FHFA) is considering a novel legal strategy to enact rent control nationwide. But Don Brunner, President and CEO of BRG Realty Group, explains why such a plan is destined to fail.

New research out of New York University’s Furman Center revealed that the rules of supply and demand apply to housing affordability. Researchers found that new housing production can slow rent growth in cities and free up more affordable vacant units in surrounding neighborhoods. – Bloomberg CityLab

In recent years, many states have enacted reforms to boost housing construction as a way to combat the housing crisis.

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 […]

Housing affordability is a problem shared by nearly every state in America, and some governors are looking to address it with innovative policymaking.

Rent control laws are contributing to a shortage of affordable housing, according to economists.

In the last two years, the housing supply has surged in many parts of the country, with more apartments under construction in each of the last two years than in any year since the federal government began keeping track. The result is that, now, rents are flattening and even declining in some cities. Take it as proof that truly effective rent stabilization comes from abundant housing supply, not from ham-handed, one-size-fits-all government regulation. – Stateline

Three governors in states facing serious housing affordability challenges began the year announcing plans to address the housing shortages in their states.

Misguided policies like rent control are shown time and time again to dissuade investment while failing to meaningfully help those in the most need. Since passing a rent control ballot initiative in November 2021, St. Paul has experienced first-hand the widespread challenges resulting from rent control. Residents are recognizing that although rent control may be well-intentioned, whenever and wherever enacted, these policies fail in delivering effective housing solutions.