Boston Mayor Michelle Wu made the case for plan to press for modified rent control in Boston, saying the measure is crucial to help keep residents in the city they call home.It is such a dire destructive housing market out there right now, with people who have spent their whole lives here, who are raising their kids, who are giving back in every single way, getting pushed out," Wu said during an hour-long interview on WBUR's.
The proposal is in line with what she's been calling for since her campaign for mayor, but said it's just one piece of what she hopes is a comprehensive strategy to helping the housing crisis in the city.The purpose of rent control, of rent stabilization, is very specific," said Wu."It is to stop the harm that is happening when we have too few affordable housing units to match the number of people. So we need to add more.
Build. More. Housing.
RadioBoston While rent control appears to help current tenants in the short run, in the long run it decreases affordability, fuels gentrification, and creates negative spillovers on the surrounding neighborhood. BOSpoli