Massachusetts Lease agreements can include tax escalator clauses, i.e., statements that a tenant’s rent may be increased during the lease term by a specified percentage of the increase in real estate taxes [7] Michigan Lease agreements can provide for rent increases during the lease term (wit...
Massachusetts and most other states have banned rent control because the harm it causes far outweighs any benefit it confers. When politicians impose a ceiling on rent, the results are invariable: housing shortages, depressed real estate values, increased decay, less new construction. …The longer...
Rent increase limitations.Most rent controls place limitations on the annual rent increase for properties located in designated “stressed areas.” These areas typically have a tight housing market with high demand and limited supply. Legal systems fix the rent increase limit either through a negotiati...
DIAMOND: So, there’s otherworkby David Autor and coauthors that looks at the removal of rent control in Cambridge, Massachusetts, in 1994. By the early 1990s, Cambridge was one of the few remaining rent-control strongholds in Massachusetts. Landlords had been trying to get rid of it for ...
Meanwhile, the Democrats passed ObamaCare (patterned on RomneyCare in Massachusetts), in great measure because of the (rent-seeking) support of Insurance Companies, which were promised a captive audience of consumers required by law to buy their insurance -- and protected by the law from ...
When we refer to rent control we mean a scheme created by statute or ordinance that limits the amount by which landlords may increase the amounts they charge for the use and occupancy of their property as a residence by tenants. In addition, such schemes may do, and always do in some ca...
California. Many smaller communities also have rent control, notably the California cities of Santa Monica, Berkeley, and West Hollywood,[2] along with many small towns in New Jersey. In recent years, rent control in some cities, such as Boston and Cambridge, Massachusetts, has been ended by...
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Stay On The Cape is the newest office for South End Hospitality, a vacation rental management company located in Boston. Since 2015, South End Hospitality has been managing short-term vacation rentals and limited-service boutique hotels in Boston and throughout Massachusetts. Currently, they have ...