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Rent rises after controls lifted in multiple states
An AP survey shows rents climbed after Nixon lifted controls on Jan 11, with examples from Chicago Florida and Washington. The piece notes higher rates due to scarce vacancies, rising property taxes, and weak guidelines, prompting calls for federal rent control and a proposed rent-control board. It cites a New Jersey six-family rowhouse and quotes tenants about unaffordable hikes amid aging buildings. The report highlights industry warnings and vacant-unit shortages shaping the spike nationwide.
MENTIONED IN THIS ARTICLE
AP News
G. David Wallace
Associated Press
Washington (Ap
Chicago
Cape Kennedy
Fla
Washington
Northeast
Clifford P. Case
R-N.j
Gilbert Gude
R-Md
Federal
Rent-Control Board
Harrison
N.J
Nixon
Philip Beaulac
Daniel Skowronski
Frank Peist
Skowronski
Peist
Beaulac
National Apartment Association
Robert Ross
Congress
Ross
Bureau of Labor Statistics
New York City
Boston
Dallas