RENT CONTROL. Extended for 10 years the District’s rent-control laws that limit annual rent increases to about 2 percent plus inflation, or no more than 10 percent a year. The 35-year-old program was meant to protect tenants from rising costs. Increases for the elderly and disabled are limited to 5 percent a year; increases on vacant units may rise no more than 30 percent.
California readers will note that, unlike California, D.C. law permits vacancy control -- i.e. the amount that a landlord can increase rent after a vacancy.
Congratulations to the D.C. city council and local tenant activists. Particularly in these difficult economic times, the security provided by rent control laws is essential.
No comments:
Post a Comment