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
Add BT as a preferred source
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
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
