Good morning thought this may interest BiggerPockets members. Rent control does not solve housing affordability issues for tenants. Further, if this legislation is passed, rent control will also greatly challenge the real estate investment environment in our state, perhaps driving some landlords to other investments thus actually decreasing the availability of rentals overall. If you oppose rent control, here are the instructions...
Thanks for sharing Henry. Filled this a few days ago, we need as any signatures as we can get!
FYI you can also create a slip to to oppose HCA 1 as well.
Illinois House Bill 116 would lift the statewide rent control prohibition.
State Rep. Will Guzzardi is chairing the committee, and he's also the same representative who introduced this legislation.
If we don't act, and act fast, this could very well be enacted.
@Henry Lazerow thanks for laying this out so clearly, sharing on my social media as well