Rent control and time http://lisaschweitzer.com/2018/02/19/rent-control-and-time/ …pic.twitter.com/0KCRtzXhXP
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
anything that we build has to be on some formerly industrial or commercial parcel that absolutely has no renters on it. If you build housing where there were RC units, the developer has to privately negotiate/offer a "right of return."
but communities understandably don't trust these "right of return" offers and there have only been like 3 that I can remember, and the projects were sufficiently large that they could subsidize it.
If the ceiling is loose enough, it shouldn’t be a disaster.
The only way I could see that working is a really long phase-out (decades) and boosted public housing in the interim.
German RC is helped by the fact that multi family residential is a low risk, low return asset class there, dominated by big institutions. Also, rent resets to market at each vacancy. Recent efforts to limit those increases have not been successful.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.