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Blame Speculation, Not Rent Regulation: Why New York Must Enforce and Protect the 2019 Rent Laws
Oksana Mironova, Samuel Stein
Summary:
The last three years have been ones of momentous changes in our housing system, particularly for the more than two million people living in New York City’s 1,006,000 rent stabilized apartments.
This policy brief explores the experience explores the experience of rent regulated tenants before and after the 2019 Housing Housing Stability and Tenant Protection Act (HSTPA) was passed, in the context of the pandemic. Among our key findings, we show that HSTPA has not caused a decline in building maintenance in rent stabilized buildings, despite opponents’ claims that it would.
Issues: Affordable Housing, The Unheard Third
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