The cap of a 5% increase on a vacant unit means that landlords have no choice at the end of a lease term but to increase the rent on long-term tenants.
rent control
Posted inEditorials, Opinion
Our View: Vote ‘no’ on Portland rent control Question A
The change to the rent control ordinance sought by a group of city landlords would exacerbate already-serious housing market dysfunction.
advertisement
Posted inBusiness, Maine
Landlords, realtors ramp up spending ahead of rent control referendum
Backers of Question A, which would remove the 5% cap on rent increases when apartments turn over, have raised and spent far more than opponents headed into the June 13 election.
Posted inMaine
Campaign signs spark debate, and some confusion, over rent control referendum
The creator of the signs said they’re a satirical approach to opposing Question A, but some landlords and residents say they’re misleading.
Posted inOp-eds, Opinion
Commentary: Portland rent ordinance is working – data don’t make case for Question A
Any future improvements to the ordinance, to make it easier for tenants and landlords, should occur through a transparent, City Council-initiated revision process.
Posted inMaine Voices, Opinion
Maine Voices: Small landlords are investing time, money in housing. It’s no ‘get rich quick’ scheme.
Instead of pitting us against tenants or rent control advocates, let’s all work together on solutions to the ongoing housing shortage.
Posted inMaine, Politics
Landlords pour more money into proposed rent control change
The Committee to Improve Rent Control has raised about 8 times as much cash as its opponents as the June 13 referendum approaches.
Posted inMaine
New appointment boosts Portland rent board but draws landlord’s concerns
Matt Walker has been criticized for posting on social media that he had a ‘vendetta’ against one of the city’s largest landlords.
Posted inMaine
Landlords raise nearly $80,000 to support referendum eliminating rent cap
About $45,000 has been paid for signature gathering and campaign services to a company owned by the wife of Rep. David Boyer, who is also a Portland landlord and supports the referendum.
Posted inMaine, News
South Portland council approves rent control, homeless shelter ordinances
But officials say the city doesn’t have the staff to enforce the new 10% annual rent cap in a similar way to Portland’s stronger rent control measure.