The Boston City Council approved a rent-control measure that aims to keep a tighter lid on rising costs in one of the nation’s most expensive regions
The rent-control measure would affect about 55% of Boston’s rental units.The Boston City Council approved a rent-control measure that aims to keep a tighter lid on rising costs in one of the nation’sThe measure would cap rent increases at the Boston metro consumer-price index plus 6%, not to exceed 10% rent increases in a year.
It wouldn’t apply to new buildings for 15 years and would also exempt owner-occupied homes with six units or fewer. Overall it would affect about 55% of Boston’s rental units. The plan also includes measures aimed at preventing evictions without an adequate cause, such as failing to pay rent or using the property for illegal purposes.
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