Boston Mayor Michelle Wu’s plan seeks to cap rent increases across the city at a maximum of 10% in high-inflation years. It largely mirrors a draft version that floated into the public sphere last month with some changes around who is exempt.
Mayor Michelle Wu speaks with community members at the site of an affordable housing development in Mattapan.
Wu said in a letter to councilors that advertised rents across Boston increased by 14% in 2022, with some specific neighborhoods experiencing jumps in rent exceeding 20%. Any property with six or fewer units, one of which is the building owner's primary residence, would not be subject to the rent control policy. That's a change from an earlier draft, which would have exempted owner-occupied properties with three or fewer units.
The petition would also authorize the city to regulate the conversion of residential space to condominiums or cooperatives and to impose tenant notification and relocation requirements. The topic remains a source of debate, with real estate and landlord interest groups arguing that rent control would stifle housing production at a time when Massachusetts is already laboring under the strain of a major housing shortage.
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