Posts tagged victoria symphony
Why Rent Control Doesn’t Solve Housing Problems

A DC landlord recently paid a $700,000 settlement in a source of income discrimination involving housing vouchers. However, rather than discriminating against tenants withe vouchers, DC alleged that the landlord favored those tenants because the vouchers paid higher rent that was permitted under DC's rent control law. This case highlights how rent control eventually can harm the rental housing market by interfering with the natural real estate economic cycle, which addresses both escalating rents and housing shortages by adding rental units to the market. Read the blog to learn more about how rent control can harm housing markets and communities and isn't the best way to address rent increases.

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