Rent Control: There Are Better Ways…

Rent Control: There Are Better Ways…

Excerpt #3 of 3: An Open Letter to State Representative Will Guzzardi, House District 39, Illinois General Assembly:

Why Rent Control is a Bad Idea for Chicago… and Everywhere Else.

THERE ARE BETTER WAYS TO ACCOMPLISH YOUR GOAL: Perhaps we have been unable to convince you that rent control is ineffective in helping lower-income families find and keep good housing in good neighborhoods, or that local and state governments should refrain from burdening one class of citizens with the cost of providing affordable housing to lower-income families. If so, consider our last argument that there are better ways to accomplish your goal.

But, before we offer you some alternatives, let me state that the members of RPBG believe that affordable housing is an important and worthy goal to pursue. Rogers Park is arguably the city’s most diverse neighborhood with people of every description at all income levels who live together in relative harmony. We take great pride in the Rogers Park community and its unique diversity. We would like to see that character preserved and believe Chicago would be a better city if more of it was like Rogers Park. We want Rogers Park to remain a welcoming and affordable place for all to live.

If we can all agree that the goal of creating and preserving affordable housing is a worthy one, we are not able to agree with you on how this goal should be reached. In particular, we do not want to see ineffective measures adopted, at our expense. Such ineffective measures certainly include rent control.

Here then are a few alternatives that RPBG believes could better accomplish the important goal of preserving affordable housing in desirable communities – like our own Rogers Park – but without placing the burden of this cost on property owners.

Expand the Section 8 voucher program:

Create more permissive zoning that allows for higher density and smaller average unit sizes:

Encourage development across the city:

RPBG has worked hard to be a good partner in Rogers Park, one of the city’s great neighborhoods. We have worked hard to forge relationships at all levels with a wide cross-section of community leaders. We would be happy to work with you as well on productive efforts to help solve the problem of affordable housing and rapidly rising rents in certain areas.

But we will fight any attempt to use methods that don’t work, or that place this burden exclusively on our shoulders. We call on you to consider our arguments and find a better way to help your constituents. We are convinced that your proposed legislation will accomplish none of your goals. Worse, we are convinced it will hurt your constituents, as it will hurt all of the people of Chicago.

Rent control is unquestionably unfair to property owners. It will make the housing market in Chicago less competitive; it will lower housing quality as property owners are forced to reduce maintenance and repairs in the face of their inability to pass along these costs; ultimately, it will make housing scarcer and more expensive for everyone.

San Francisco and New York are not models for anyone to follow. These cities are among the least welcoming to lower-income families in the country. It is not a coincidence that both cities have had rent control in place for many years. Chicago has avoided this fate by wisely avoiding rent control. We should work together to find better ways to solve the affordable housing problems we face.

Thank you,

Rogers Park Builders Group:
Allen Smith, President
Marty Max, Vice President
Steve Cain, Secretary
Mike Glasser, Communications, Planning and Development