Rent Control in Illinois?

Rent Control in Illinois?

Specialist · Springfield, IL · Member since 2011 · 700 posts · 479 votes

The Illinois Manufactured Housing Association is currently fighting two bills in Illinois that would allow rent control law and regulations. We have stalled both bills temporarily.

We will be putting on a Lobby Day on March 14th in Springfield, Illinois where community owners will be given position papers and guided to a meeting with their state representative and senators. That evening we will be hosting our first ever Legislator Reception. Our Board of Directors will meet on March 15th which everyone is welcome to attend.

If you are interested in attending, register at the IMHA website or call Frank Bowman at the IMHA office for more information.

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San Antonio, TX · Member since 2009 · 3k+ posts · 1k+ votes
9y

Thanks for keeping us updated @Ken Rishel. I know rent control is a big issue in coastal states especially CA. 

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  • Homeowner · VISTA, CA · Member since 2015 · 726 posts · 340 votes
    9y

    Hope it works out for you @Ken Rishel. Could be a benchmark for the Nation. But there are drawbacks both ways. You know that age ole adage. "The higher the rent the lower the value of the MH"

  • Fresno, CA · Member since 2015 · 552 posts · 181 votes
    9y

    This is the problem with rent control

    http://ohmyapt.apartmentratings.com/the-argument-against-rent-control.html

  • San Antonio, TX · Member since 2009 · 3k+ posts · 1k+ votes
    9y

    Thanks for keeping us updated @Ken Rishel. I know rent control is a big issue in coastal states especially CA. 

  • Fresno, CA · Member since 2015 · 552 posts · 181 votes
    9y
    Originally posted by @Rachel H.:

    Thanks for keeping us updated @Ken Rishel. I know rent control is a big issue in coastal states especially CA. 

    Thanks Ken yes Rachel but it's expanding

    https://www.forbes.com/sites/scottbeyer/2015/04/24...

    Heres news:

    http://www.sfexaminer.com/landlords-demand-fewer-r...

    They're trying to expand it in California with AB 1506 and repealing Costa Hawkins.... this is a domino waiting to happen when housing prices get high rent control gets on agenda so politicians can get short term votes.  Rent control destroys cities especially the poor areas of cities that need revitalization. 

    Theyre trying to allow expansion to SFRs in California with AB 1506

    I've heard in grapevine that this is why Blackstone and some institutional investors got out of SFR investing in California they already knew there were talks about repealing Costa Hawkins

    AB 1506 will affect every home owner in California and hurt cities

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