""Rent control is not going to be the solution to how we get through this crisis. We need to build more homes," she said."
""Investors in housing have already pulled out of Massachusetts bec"
Gov. Maura Healey said she would not vote for a statewide rent control proposal that would tie annual rent increases to the Consumer Price Index with a 5% hard cap. Volunteers gathered tens of thousands of signatures to place the question on the ballot, and the Secretary of State certified enough signatures to advance. Owner-occupied buildings with four or fewer units and new buildings during their first 10 years would be exempt. Healey highlighted housing construction as the priority, signing a bill authorizing over $5 billion and noting more than 90,000 units completed or in development. She cited studies and investor pullback as reasons rent control could slow production.
Read at Boston.com
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