A New, Renter-Friendly Politics Emerges

There are signs that politicians at every level are responding to the concerns of renters like never before. If only renter-friendly housing policies were matters of simple consensus.
October 2, 2018, 9am PDT | James Brasuell | @CasualBrasuell
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According to an article by Jenny Schuetz, politicians in some parts of the United States are beginning to recognize the political clout of renters—as evidenced by the pro-development political platforms of elected officials like California State Senator Scott Weiner and Minneapolis Mayor Jacob Frey. Typically renters have been fairly inactive compared to property owners, though Schuetz suggest that skyrocketing housing process are spurring more political action by cost-burened renters.

What does a new, renter-friendly politics look like? Schuetz considers the pros and cons of several approaches, including:

One final platform plank under consideration here is rent control, which Schuetz describes as a "double-edge light saber." While rent control is a hit with renters and tenants-rights advocates, there's evidence rent control creates incentives for landlords to convert apartments to condominiums and creates disincentives for developers to construct new apartment buildings.

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Published on Thursday, September 27, 2018 in Brookings
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