Experts Say Rent Control Doesn’t Work, and Homeownership Won’t Keep Falling

Aug. 14, 2015

Zillow surveyed a panel of experts, who project home values to be up 4.1 percent year-over-year on average by the end of 2015.

Additionally, the panel expects U.S. homeownership to rise a little bit to 63.7 percent over the next five years as rents increase. Most of the panelists agree that rent control policies are “government intrusions into the marketplace that, however well-intentioned, always create more problems than they solve.”

Read more

Sign up for Pro Builder Newsletters
Get the latest news and updates.

Related

2968866 © Michael Flippo | Dreamstime.com
Single-family home under construction