| ▲ | Grombobulous 4 hours ago | |
This makes me wonder if these cities are a good study subject in the first place. Is this a metro area with serious rental price pressure where rent stabilization is greatly altering the market conditions, or is housing so available to begin with that it’s more of a feel-good legislation that doesn’t shift prices around? It looks like from a quick search that over half of people in this metro area own their own home. I imagine that rent control in many Midwestern metros is effectively pointless. The rent is already being controlled by flat or declining populations, cheap land, and high homeownership rates. | ||
| ▲ | dmurvihill 4 hours ago | parent [-] | |
I mean, it's no SF, but Minneapolis definitely has an affordability problem. Every major city does. | ||