By: Joe Ducey
Posted at 10:56 AM, Mar 21, 2022
PHOENIX — If you're a renter, you know it's been a tough couple of years.
Valley rents increased by 30% in 2021 and are still on pace for similar increases this year. Is it time to consider limiting what landlords can charge?
Rent control is a divisive topic with very strong opinions on both sides.
State Senator Martin Quezada hopes this year things change. "We proposed a bill that would limit the amount of rent increases," he stated.
Quezada represents the Arizona's Legislative District 29.
While he says his previous rent control bills have gone nowhere, he hopes this year the timing is right.
"I'm having person after person telling me they can't afford their rent and they have no other place to go," Quezada said.
7/15/2022 03:37:51 am
They say capping rents and what landlords can charge will lead to less interest in building new rental housing. I’m so thankful for your helpful post!
9/6/2022 04:46:43 pm
I am so glad that someone is trying to help the renters of Az. I have been renting for 5 yrs, recently moved to a new apartment complex where my base rent was $1800 in 2021, when my lease came up in 2022, I signed early with an increase of $200 per month. I have been following what my complex has been listing the same unit as mine to see what I might expect at my next renewal. They are listing my comparable unit base rate at $2894 per month, that is an $800 per month increase over 2021!! then add utilities into this, This is out of hand, playing into the greed of all of the investment companies that have purchased the rentals in our state. Rent control will not prevent building in the state, that is nonsense. You have my support, and thank you for looking out for the people of Az.
9/28/2022 01:14:12 am
While he says his previous rent control bills have gone nowhere, he hopes this year the timing is right. I’m so thankful for your helpful post!
Whatever anyone can do to control these cost would be a miracle. The greed is out.of control. 3x times rent to rent credit score of 640 or more I mean for a family you have to make 9k 10k a month to rent a home so ridiculous and unrealistic to today's work market values and costs.
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