In some localities, rents cannot rise as fast as inflation, while in Oregon, a statewide rule from 2019 allows rents to rise more quickly, limiting increases to 7 percent above the Consumer Price Index. Mark Paul, an economist at Rutgers University, said that permits landlords in Oregon to raise rents an average of 9 or 10 percent a year, which makes it less of a traditional rent control policy and more of an “anti-gouging” measure.
Topic
affordability
The fastest way to ease the housing crisis? Rent control
Op-ed by Tram Hoang, a senior associate at PolicyLink, a national research and action institute and Mark Paul, associate professor at the Bloustein School of Planning and Public Policy at Rutgers University. Massachusetts is losing its working families. Not just to...
N.J.’s highest paid police chief got a $541K retirement payout
It’s “not the first time it’s happened in state laws where the Legislature has an idea, but the follow through execution is not well addressed,” said Marc Pfeiffer
School Tax Vote Sparks Affordability Debate in Montclair
“When some property values go up they eventually affect everybody, and that can result in gentrification and the loss of middle income homeowners,” Pfeiffer said.
New CUPR Report: Modern Rate Design in the Northeast
With many competing policy priorities, evolution of technology, and affordability concerns, now is the time for regulators and utilities to modernize rates and ensure customers’ bills reflect the true costs of the energy system and provide incentives to lower consumption as well as reduce peak demand
NJSPL: The Healthcare Affordability Crisis in NJ and Nationally
Nationally, and in New Jersey, healthcare spending accounts for 1 in 5 dollars of gross domestic product, with hospital care representing the largest category of healthcare spending. In order to address this ongoing affordability crisis, researchers recommend that the incoming gubernatorial administration continue to build on the work of the New Jersey Health Care Afforability, Responsibility, and Transparency (HART) Program.