Dear Rental Property Owners, Managers and Investors:
We have talked extensively in the past about Rent Control as of the proposals that came out of the Tenant Protection Package of bills announced in October of 2023.
If you have come to our meetings, and or attended any of our zoom sessions you know that we have never had to look far in the US to find examples of just how poor an idea this concept is.
Closest to us here in Wisconsin are our neighbors to the West, in the State of Minnesota. A prime and nearby review of what has taken place in St. Paul, who enacted Rent Control, and how their twin city, Minneapolis has seen their rental property market boom as the beneficiary of such well-intended, yet ill-conceived ideas.
Beyond our logistically close example, we can look to what has happened to the rental property markets in New York and California and how draconian Rent Control laws have only worsened the landscape of those markets, for owners AND residents alike.
We offer today a view of what Rent Control has done in the past to Argentina's rental property marketplace, and how "deregulating" all of the bureaucracy that naturally comes along with the size of government needed to administer these programs has demonstrably improved the rental property marketplace for BOTH owners AND their residents.
Please click on the link below to be taken to this article...
https://reason.com/2025/02/08/the-end-of-rent-control-in-argentina/