Statement from the National Multifamily Housing Council on the Passage of Rent Control in St. Paul and Minneapolis

03 November 2021

"Although well-meaning, rent control measures do nothing to provide real relief for those they intend to help. The passage of rent control measures in Minneapolis and St. Paul are a true setback for those committed to finding effective solutions to address the cost of housing. Rather than improving the availability of affordable housing, rent control laws exacerbate shortages, cause existing buildings to deteriorate and disproportionately benefit higher-income households. These measures could result in even further instability for Minnesota’s renters and the rental housing market, at large."