Elizabeth Gallardo is a planning associate with the city of Los Angeles, working as part of an ambitious effort to update the city's numerous community plans while also teaching planning courses at a nearby university.
A new Harvard study reports that the rental market began to decline this year, and may continue to drop as higher income renters become homeowners. However, the report was released a week before the GOP tax cuts bill was signed.
Rent control's heyday came and went decades ago, as free-market advocates won out over long-term renters. With housing prices skyrocketing in many U.S. metros, the benefits of rent control may outweigh the harms.