Hello Everyone,

    This version of our testimony on rent control and rent stabilization is improved. And I include the email addresses of the Housing Committee members at the bottom. You can copy and paste the email addresses into the “TO” line of your email. A pdf version is also attached. We are open to suggestions. Thanks for your help.

Small Landlord Letter   No. 27   November 12, 2023

  By Skip Schloming, Ph.D. & Lenore Monello Schloming, M.A., 50 years as small landlords, 23 years as leaders of the Small  

  Property Owners Association (1996-2021).  617-354-2358   contact@SmallLandlord.com

Rent Control Harms EVERYONE

Only landlords pay for rent control? Hell, no! Everyone pays.   

Single-family owners, condo owners, ALL multifamily owners PAY

 

Devaluation pushes property taxes UP   When a large sector of a city is devalued by rent control, it pushes property tax bills UP for all non-controlled owners. Everyone gets a higher tax rate to keep city funded.

Non-controlled owners get devalued, too  

Condo owners risk having their condos turned into permanent rentals under rent control. Sound impossible? The Cambridge City Council, during rent-control days, enacted an ordinance that required all future sales of condos to be tenant-occupied only and rent-controlled! Yes, it’s true!

Two- an ... Read More…