Cities Ignore Data, Economists and Continue to Push for Tighter Rent Controls

Renter Groups Use Misleading Data on “Average” Rents to Push Radical Agenda - Written by EBRHA - Posted Oct 26, 2016

Despite overwhelming evidence from leading economic experts that rent control hurts low-income and minority residents and recent market indications that rents in the region have leveled off and begun to decline, cities across the East Bay are moving forward with even more draconian restrictions targeting small rental property owners. In Alameda, Oakland and Richmond, voters are being asked to impose strict renter-backed limits that threaten the livelihoods of small mom-and-pop property owners. In addition, Oakland City Council has imposed its...

read more