Friday, August 19, 2022 | Back issues
Courthouse News Service Courthouse News Service

Rent control

ST. PAUL, Minn. (CN) — Two real estate developers sue St. Paul over a rent control law that only allows them to raise rent by 3% yearly regardless of the building’s age, whether a tenant moves out and without consideration for inflation. Their property values have dropped 6%, they say, and reduced the amount of affordable housing as a result.

Click here to read the complaint.

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