Rent Control Proposal Could Cost Massachusetts Billions in Lost Property Taxes, Study Finds
The proposed rent control would affect 70% of rental properties and reduce municipal tax revenue, potentially forcing service cuts or tax increases, the report projects.
9 Articles
9 Articles
Massachusetts in danger of $300B property value loss with statewide rent control push: Report
Massachusetts mayors have their red ink ready for a statewide rent control ballot measure after a study found the initiative would eliminate $300 billion in property values, as supporters call it a solution to the housing crisis. The Tufts Center…
Real estate-backed study warns that rent control could tank Massachusetts property values - The Boston Globe
The rent cap policy on track to go before voters in November would tank the value of residential properties in Massachusetts, according to a new study commissioned by a powerful real estate group.
Gov. Healey says proposed rent control ballot question is already having an effect on Massachusetts
At a Greater Boston Chamber of Commerce event, Massachusetts Gov. Maura Healey said she's heard from housing developers who lost funding due to prospect alone of the statewide rent control question. Healey also weighed in against another possible ballot question and said she doesn't expect tariffs refunds from the Trump administration.
Rent control opponents warn of $300 billion impact to local budgets
REAL ESTATE INDUSTRY LEADERS have already warned in dire terms that imposing rent control across Massachusetts would bring housing construction to a halt and make it harder for landlords to invest in property repairs. Now, as they ramp up their sure-to-be-scorching campaign against a ballot question that would enshrine rent control in state law, they’ve got a new line of attack: the impact on municipal budgets. A new report released Thursday by …
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- 43% of the sources lean Left, 43% of the sources are Center
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