Let the debate begin!
Mayor Michelle Wu officially filed her rent control proposal with the City Council on Monday. According to the Boston Globe, the proposal calls for rent increases of 6% a year plus inflation, which would cap out at 10%.
New construction would be exempt from this policy for the first 15 years it’s open, as well as small owner-occupied properties.
You can read the full details here.
So what’s next? Well, the City Council has to approve the proposal before being approved at the State House. Final approval will be by Gov. Maura Healy.
What do you think?
Maureen Dahill is the editor of Caught in Southie and a lifelong resident of South Boston sometimes mistaken for a yuppie. Co-host of Caught Up, storyteller, lover of red wine and binge watching TV series. Mrs. Peter G. Follow her @MaureenCaught.
How about real estate tax relief for seniors and people who have stayed in Boston to raise families.
I think we’re doomed on a fast track to being the next San Fran and/or Portland. Does anyone, with any sense, actually believe we should follow policies implemented in CA & OR?
WBUR: Wu said she modeled her proposal to revive rent control within city limits on “successful policies” in place in California and Oregon.
How about fixing our existing infrastructure before we do proposal for other the governor wants to appoint for climate change. How about fixing what we have before we start doing more changes