Published By:5280
What Would Rent Control Mean for Colorado?
It is generally accepted that rent-control policies improve the quality of life for tenants who benefit from them. In cities with tight housing markets and skyrocketing rents, tenants in rent-controlled units pay less money in rent and move less often. According to a study created in collaboration with PolicyLink, the Center for Popular Democracy, and the Right to the City Alliance, anecdotal evidence shows that rent-control policies give tenants a true stability that affords them opportunities to better their station in life. The same study also found that rent-control policies lessen the impacts of gentrification, preventing displacement of low-income and working-class residents of a neighborhood.