Activists pushing rent control proposals for Silicon Valley
The campaigns, if successful, would lead to the largest expansion of US tenant laws since the 1970s
Washington
AFTER years of punishing rent increases, activists across Silicon Valley and the San Francisco Bay Area are pushing a spate of rent control proposals, driven by outrage over soaring housing prices and fears that the growing income gap is turning middle-class families into an endangered species. Those campaigns, if successful, would lead to the largest expansion of tenant laws since the 1970s.
"In the national picture, tenants' rights and housing advocacy for the poor have been pretty sleepy for several decades," said Michelle Wilde Anderson, a law professor at Stanford University. "California is starting to wake up, and it may lead to national change."
TRENDING NOW
MAS tightens policy again in July, defying expectations for a hold
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Temasek should publicly state its position on the long-rumoured CapitaLand-Mapletree merger
Dunearn House sells 56% of 380 units at average of S$3,140 psf at launch