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Advice to Landlords: We Can Deal With Rent Control

October 07, 2019

CHICAGO–Here are two truths about the recent movement of states toward rent control: Yes, it’s a trend, and no, it’s not the end of the world as we know it.

So says John Sebree, senior vice president and national director of Marcus & Millichap’s National Multi Housing Group, in the wake of California’s new rent control regulations. He senses a trend in that, “Prior to 2019, rent control in the United States was only on a municipal basis, and only a few cities–Manhattan; Washington, DC; and a handful of municipalities around Los Angeles and San Francisco, CA–had it.”

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