Overturning limits on rent control will be on the ballot in California this November now that organizers have garnered enough signatures to certify Proposition 10.
Housing and Urban Development Secretary Ben Carson plans to propose rent increases of up to 300 percent for low-income households, the Washington Post reports.
In New York City, Airbnb has raised rents, removed housing from the rental market, and fueled gentrification—and its effects are being felt elsewhere too.
Rent control has long been criticized by economists, but the list of theoretical harms often aren't observable in reality. With a lack of serious public housing funding, the policy may be one of the best, and cheapest, ways to protect low-income families.
The government has called the new Rental Assistance Demonstration program the "answer" to housing woes, but there's very little evidence to support that case.
With more and more individual investors looking to real estate as just another money-making commodity to add to their portfolio, rents are being driven to unreachable heights for all but the wealthiest among us.