Rent Control Largely Failed This Year But Expect It to Re-Emerge in 2023
NMHC takes a closer look at states where the legislation is being considered.
With the mid-term elections behind us, it’s a good time to recap the status of rent control across the country. The National Multifamily Housing Council (NMHC) is tracking 23 states that have such proposals or laws in play.
NMHC points out that this year, the issue even gained traction at the federal level, with tenant advocates urging President Biden to issue an executive order mandating rent caps on mortgages backed by Fannie Mae and Freddie Mac.