Council says no to housing grant Jul 30, 2009
In return, the apartments would have been required to have rent controls and be available for low-income tenants for the next five years. Brent Williams, who submitted an application for four duplexes on Black Hawk Road near the Oriole Avenue intersection, was disappointed with the council's decision. (Waterloo-Cedar Falls Courier)
US adds to its cost burden Jul 8, 2009
Insurance rates remain regulated in some states, the Medicare system as a monopolistic buyer imposes prices on a substantial percentage of medical expenditure, minimum wage rates impose a significant level of price control at the bottom end of the labor market, and New York and Cambridge, Massachusetts, still impose rent controls, to the great detriment of their housing markets. Still, at present, the price-controlled sectors of the US economy represent no more than about 5% of gross domestic... (Asia Times Online)
Cops: Man breaks into home, watches TV, drives car Jun 30, 2009
The California Assembly has rejected a bill that would lift mobile home park rent controls when a resident moves out. The measure by Democratic Assemblyman Charles Calderon of Whittier received only 38 of the minimum 41 votes it needed on Monday to pass the 80-seat house. (Fresno Bee)
Calif. Assembly rejects mobile home measure Jun 23, 2009
SACRAMENTO -- The California Assembly has rejected a bill that would lift mobile home park rent controls when a resident moves out. The measure by Democratic Assemblyman Charles Calderon of Whittier received only 38 of the minimum 41 votes it needed on Monday to pass the 80-seat house. (Fresno Bee -- State)
FORUM: Recall seeks to put citizens first May 10, 2009
Many have fixed incomes, and they fear that the City Council will rescind rent controls. Some have developed serious health problems due to stress about this. (North County Times)
SPEAKER FOR RENT Mar 14, 2009
Under those reforms, city landlords finally got to escape strict rent controls if any given unit's monthly rent rose above 2,000 - and the previous tenant chose to move out ... In any normal city, of course, such a plan would instantly be seen for the terrible idea it is: Rent controls always breed scarcity in the housing stock - driving up prices for everyone not lucky enough to land a controlled unit. (New York Post -- Opinions)
3 new S.F. rent laws in the works Mar 5, 2009
While the city already imposes strict rent controls on most buildings, the law also allows for incremental annual increases. "So many tenants are already living on the edge in terms of their housing being even remotely affordable. They are paying 70, 80 percent of their income already," said Sara Shortt, executive director of the Housing Rights Committee of San Francisco. (San Francisco Chronicle)
THE MADNESS OF RENT STABILIZATION Feb 16, 2009
Rent controls were first enacted in 1942 to counteract inflation during the war, and rents were frozen on March 1, 1943. When the federal law expired in 1947 after the economy normalized, New York state kept the practice in place for any building constructed before 1947. (New York Post -- Opinions)
Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Qatar Feb 9, 2009
They encouraged the authorities to avoid the distortionary effects of price and rent controls, noting that these measures should at best be temporary. Directors welcomed the authorities' intention to moderate fiscal expansion and broaden the non-oil revenue base over the medium term. (IMF News)
