Reply to Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns

Forum Index » Metropolitan DC Local Politics

Reply to "Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s not “Maryland Suburbs” it’s Montgomery County. And it’s not “regulatory concerns” it’s rent control.[/quote]

It has nothing to do with the new law limiting rent increases. That law exempts new/recent construction.[/quote]

Actually the rent control law is a large part of the problem.

https://montgomeryperspective.com/2025/09/19/more-evidence-that-rent-control-is-preventing-housing-construction/[/quote]
Yup.
[twitter]https://x.com/jayparsons/status/1996233590091194674?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote]

Parts of the rest of Maryland also have rent control! Within Montgomery County, Rockville and Gaithersburg don’t have rent control. If this market were ripe for more multifamily, permitting would be through the roof in those places because they’re the only places in the county you can build rentals without rent control (23 years from now).

Rents have fallen in Montgomery County since the rent control regulations have taken effect. That’s a hard fact for those opposed to it. Was that all rent control? Of course not. In that time, more landlords settled price fixing cases with the government, and the local economy has weakened. But rent control is a part of the story because it banned very high rent increases, which were distorting the average rent statistics.

Rent control has probably also helped force landlords make repairs because of special restrictions on rent increases at troubled properties. Invariably; the landlords screaming the loudest about the law have troubled properties or near-troubled properties. They’re not good actors in the market. If your business plan depends on annual rent increases exceeding 6 percent a year, you never were going to build enough housing to make prices go down.

I was a skeptic of the county’s rent control law when it was introduced but the landlords have proven it necessary and time has proven it effective. [/quote]

For this to be true, economists everywhere must be wrong. Rent control is negative in the long term. It was just passed, so even if your facts are true (I have no idea if they are) it is way too early to declare victory. [/quote]

Not economists everywhere. Just the ones you choose to read. The other factor is that rent control isn’t binary. The policies differ.

For the other poster, Rockville and Gaithersburg have to pass their own laws. They haven’t done that.

Rent control has done better so far than 20 years of supply side policy. [/quote]

Where has rent control been a success?[/quote]

Montgomery County. [/quote]

+1. If developers no longer want to build multi family housing in Montgomery county, that’s a huge success. [/quote]
You have obviously never been taught the principle of supply and demand. Maybe start with a basic economics education before acting like you have a valid opinion. that other people should consider. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics