Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

1,412
Posts
1,141
Votes
John Clark
1,141
Votes |
1,412
Posts

California State-wide Rent Control Advances. Effect on Chicago?

John Clark
Posted
I see in today's (9/11) New York Times that a bill to impose rent control state-wide is advancing in California (increases capped at 5 percent plus inflation, only "just cause" evictions). Will this affect the push for rent control in Chicago if it passes?


What are California landlords doing?

Most Popular Reply

User Stats

1,896
Posts
2,402
Votes
Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
2,402
Votes |
1,896
Posts
Henry Lazerow
  • Real Estate Agent
  • Chicago, IL
Replied

In Chicago there are dozens of safe neighborhoods where low income families can rent a 2br apartment for $1100 or a 3br for $1300 that is not an affordable housing shortage. 

This is very different situation to places like New York or San Francisco where low income families can't afford to live anywhere safe if it's not subsidized. 

Loading replies...