Rear-View Mirror Ramifications of Rent Control

SAN FRANCISCO—Last year, California joined Maryland, New Jersey, Oregon and New York as the only states with some form of rent control. While the rent control law protects roughly 8 million residents who live in rental homes and apartments from tenants from being evicted without cause, there are issues that resulted from this legislation.

In this GlobeSt EXCLUSIVE, David Harrington, Executive Vice President and National Director of Multifamily, offered insights on how the rent control law affects the value of properties that were previously not subject to any rent control law and what owners can do to maximize value in their properties.

Read the article here: https://bit.ly/36Flb1u