Sadly, this is mostly a public housing discussion that ignores the impact on middle-to-working-class families.
Moreover, THE REAL RISK HERE is that many "home providers" might shut down and move elsewhere if this market becomes too hostile with over-regulation.
There's precedent for broke-ass, mostly low-income towns that still don't have affordable housing.
Detroit suffered a massive rent spike this year amid rising costs and far more rent control protections than KCMO.
Sadly, the macro economic data comes far too late for families who need a place to live . . . And, like it or not, the landlords deserve consideration in this discussion. Checkit:
Renters are proposing a tenant bill of rights in Kansas City. Now, landlords are pushing back.An ordinance being considered by the special committee on housing would protect tenants from discrimination against criminal history, rental history and source of income."We need the ability to make sure the person we put in the property is able to pay so that way we can protect our assets.