MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Joe Biden’s campaign proposal to cap rents nationally.
Tag: Rent Control
MBA Opposes Biden Administration’s Rent Control Proposal on LIHTC-Financed Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released a statement on the Biden administration’s planned announcement to impose a 10% limit on annual rent hikes at properties supported by the Low-Income Housing Tax Credit (LIHTC).
To the Point With Bob: Rent Control Will Deepen the Affordable Housing Crisis
In a new blog post, MBA President and CEO Bob Broeksmit, CMB, explains why rent control policies will perpetuate the housing supply-demand disconnect.
MAA ‘Call to Action’ Targets Colorado Rental Lease Bill
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action this week over a Colorado bill on property owners’ rights that has potential national implications.
Wuthering Heights: Rent Control Proposals Make the Rounds
A unique characteristic of the current real estate cycle is that it’s arguably been in the recovery phase since about 2010. Even while the events of 2020 put a pause on the economy, creating a significant downward shift in the labor market, many would agree that commercial real estate has not had a classic economic downturn since the Great Recession. That is important to consider in business planning generally, and specifically as apartment rents increase across the country. The drumbeat of calls for rent control have risen almost in tandem with rents.