As rents have recovered in markets across the country from the weakness seen at the beginning of the COVID-19 pandemic, rent control measures have started to crop up in several jurisdictions.
With that in mind, National Multifamily Housing Council asked respondents if new imposition or consideration of rent control measures has caused them to reconsider their investment or development plans in those jurisdictions.
Overall, nearly one-third (32 percent) of respondents indicated they do not operate in the markets currently threatened by rent control measures, but would not consider doing so because of those limitations.
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