Hi John,
We just released a new guide on how to create a rent stabilization policy – check it out!
Across the country, renters and families are grappling with the harm caused by greedy corporate landlords and a housing system where the cards are stacked against them. Fortunately, as people and groups committed to housing justice, we have tools at our disposal that can get us closer to our vision of safe, affordable homes for all. One of those tools is something you’ve probably heard a lot about: rent stabilization. But, what is it exactly? And how does it really work?
First, let’s be real about something: the cost of rent doesn’t go up on its own or without reason. Corporate landlords are making the decision to jack up prices far beyond what people can afford. Landlords are lining their pockets while pushing people out of their homes, displacing families, and tearing apart the fabric of our communities. Rent stabilization is a tool we can use to set limits on these unfair, exploitative, and harmful rent hikes. The policy itself can vary from city to city, and it can be a little intimidating to craft.
That’s why we partnered with Local Progress Impact Lab, a movement of local elected officials fighting for racial and economic justice, to develop a toolkit that can help make rent stabilization a reality.
