Rent control passing is bad news for the Twin Cities
Good news: Minneapolis residents on Tuesday voted no on the proposal to defund its Police Department. Unfortunately, both Minneapolis and St. Paul residents voted yes on the proposals to enact…
Good news: Minneapolis residents on Tuesday voted no on the proposal to defund its Police Department. Unfortunately, both Minneapolis and St. Paul residents voted yes on the proposals to enact…
If you live around the Twin Cities area, chances are you have seen the ad with a rich corporate landlord urging you to vote no on the rent control ballot…
In the market, prices are determined by the actions of buyers and sellers. In economics, this process is illustrated by the demand-supply curve. The demand curve has a downward slope…
Generally, economic theory and evidence have no support for any kind of price control that seeks to limit individuals from engaging in mutually beneficial transactions. But going beyond the basics,…
On Nov. 1, residents of St. Paul and Minneapolis will decide whether to give local bureaucrats the power to limit the rates by which landlords can raise their rents. Advocates…
Exactly a month from today, residents of St. Paul will vote on whether to allow the city council to enact a rent control measure that caps rent raises at three…
Proponents of rent control often claim that greedy corporate landlords hold so much power in the market that they are able to take advantage of renters and raise rents excessively.…
Shortage of housing is one of the biggest issues facing metropolitan regions. But according to the Star Tribune, the Twin Cities have it worse than all regions in the nation.…
The Center for Urban and Regional Affairs (CURA) conducted a study published in February this year estimating how Rent Stabilization (RS) –– a form of rent control that allows landlords…
Rent control is making a comeback in Minneapolis. According to the Star Tribune, the Minneapolis city is “pushing two charter amendments that would ask voters to cap rent hikes”. These…
Almost exactly a year ago, I wrote that Berlin’s rent controls had slowed house building in the city. To recap, the German capital’s population is growing rapidly which means that the…