While some economists argue that rent control restricts new construction and encourages poor maintenance, proponents of the policy say it's necessary to mitigating skyrocketing rental costs that are putting more households on the brink of eviction.

With rents around the country growing at astronomical rates, the conventional wisdom on rent control is starting to shift, writes Alan Ehrenhalt.
"In 1946, renowned economists Milton Friedman and George Stigler of the University of Chicago published a paper they called Roofs or Ceilings: the Current Housing Problem. They argued that controlling rents allowed landlords to neglect their units and resort to devious means to force their tenants out, enabling rent increases."
But as more and more Americans struggle to pay rent––according to Ehrenhalt, "Americans now pay out an average of 37 percent of their monthly income on housing"––the debate over the benefits of rent control is heating up again. While critics of rent control argue that rent stabilization regulations stifle new construction, research shows little evidence proving as much.
This past year, rent control has taken center stage in many cities as policymakers debate how to help struggling renters and stabilize the rental market. Ehrenhalt describes the arguments in favor of rent control, including the "continuity and stability" crucial to healthy neighborhoods. Read more details in the source article.
FULL STORY: Why the Conventional Wisdom on Rent Control Isn’t All That Wise

New Florida Law Curbs HOA Power
The legislation seeks to cut down on ‘absurd’ citations for low-level violations.

New Tennessee Law Allows No-Cost Incentives for Affordable Housing
Local governments in the Volunteer State can now offer developers incentives like increased density, lower parking requirements, and priority permitting for affordable housing projects.

Planners’ Complicity in Excessive Traffic Deaths
Professor Wes Marshall’s provocatively-titled new book, "Killed by a Traffic Engineer," has stimulated fierce debates. Are his criticisms justified? Let’s examine the degree that traffic engineers contribute to avoidable traffic deaths.

Study: Housing Crisis is About Affordability, not Supply
New research shows that there is no overall shortage of housing units, but all U.S. metropolitan areas face a severe lack of affordable units for low-income renters.

Are Race-Based Lawsuits Affecting Community Lenders?
Shelterforce spoke with community lending leaders and experts about the current mood across the sector. What, if anything, are organizations doing to avoid becoming the next target of conservative activists?

New Park Promotes Community and Connectivity in Lewisville, Texas
The city of Lewisville just celebrated the opening of Glory Park/Parque la Gloria, helping to improve park access and the quality of life for residents.
City of Madera
City of Santa Clarita
Borough of Carlisle
HUD's Office of Policy Development and Research
Chaddick Institute at DePaul University
HUD's Office of Policy Development and Research
Colorado Energy Office
Pima County Community College District
City of Piedmont, CA
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