Proposed House Bill Would Enable Local Governments to Consider Rent Control

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Proposed House Bill Would Enable Local Governments to Consider Rent Control
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This wouldn’t implement rent control; it would simply repeal a ban on exploring it as an option. javier_mabrey Velasco4CO 9to5Colorado cohomesforall

, which works toward economic justice for working-class people, says that in a 2016 report, the organization found that the number-one issue preventing people from staying in their homes is rent increases.

But not everyone agrees that rent control would help. Andrew Hamrick, general counsel and senior vice president of government affairs for the, says the association opposes the bill because rent control has the unintended consequence of removing the financial incentive to create new housing units or improve existing units.

Guadarrama Trejo says it’s important to recognize that localities know best what their constituents need when it comes to such policies, and they should have the freedom to address those needs. “The reality is that some greedy corporate landlords are charging Colorado families outrageous rents and rent increases,” Guadarrama Trejo says. “If we are saying that we want a Colorado where all families can thrive and where we can all have a place to call home, we need to address this issue. We continue to see that folks unfortunately have to continue to live in uninhabitable conditions, and those rising rent increases have never stopped.

He’s lived in Denver his entire life, though, and says it saddens him that the place where he grew up might not be a place where he can stay.

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