Establish Better Rent Control to Protect Renters
Current rent protections are hurting those they’re supposed to help. Right now, Tim Houston can change the rent cap on a whim—and that’s bad for everyone. We will implement a fairer system where the cap is based on inflation, market conditions, and vacancy rates on a regional basis until adequate housing supply is reached and there is a healthy vacancy rate of 3%. This will provide much needed consistency, stability, and predictability to our rental market.
Cost estimate: No additional spending required.
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