Montgomery County (MD) Considers Rent Control At Housing Near Mass Transit

Legislation from Democratic Councilmember Will Jawando would restrict rent increases at properties within one mile of Metro, Purple Line and MARC stations, and within a half mile of Bus Rapid Transit stations. Under what Jawando is calling an anti-rent gouging measure, rent hikes would be capped at a rate established by the county executive based on the Consumer Price Index. That rate is 2.6% this year. The cap would apply to new construction near transit five years after it receives a rental license.