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Rent Caps Divide College Town

Posted by: Abhijeet Chavan
Thanks to: CollegeTownLife.com
1 May 2005 - 9:00am

It's landlords versus students and townies as College Park draws the line on rent increases

This Maryland community is condisering a rent stabilization ordinance. "Only single-family homes will be subject to the proposal, which would cap rent at $1,929 —or 1 percent of the house’s taxable value, whichever is greater." Landlords arguing against the proposal push free market positions. Students are fed up with the upward rent spiral in town. Townies veiw the measure as a way to stabilize neighborhoods."The city’s housing development plan states that the city wants to “encourage the University of Maryland and the private sector to provide suitable housing to meet the needs of ... students on or near campus” and reduce the number of single-family homes that are rental properties."

Full Story: City residents clash over rent caps
Source: Diamondback Online, April 28, 2005
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If hundreds of people in your community raised reasonable concerns about a planning program you developed, how would you respond? Perhaps you might call a community meeting, or ask community elected officials to reach out to community leaders.
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