By MARTHA BELLISLE Washington state has enacted new rent stabilization laws, becoming one of the first states to set firm limits on rent increases to protect tenants. Signed by Gov. Bob Ferguson, House Bill 1217 caps rent hikes at 7% plus inflation or 10% (whichever is lower) and includes single-family homes and manufactured housing, the latter […]
By Catherine Carlock and Emma Platoff Globe Staff,Updated January 18, 2023, 1:18 p.m In a bid to bring rent control back to Boston for the first time in three decades, Mayor Michelle Wu is readying a proposal that would limit allowable rent increases to 10 percent per year. The plan, which was floated Tuesday to an […]
Rent control advocates in Boston are once again pushing for new rent control laws. Of course they are. Apartment rents rose 17 percent in Boston over the last year, on average, including concessions. There’s no relief in the short term either. Market observers predict rents are likely to keep rising sharply through the rest of the […]
