Kansas City Rent Control Coming Soon?!?

For Sunday and with a great many thanks to TOP ECHELON KANSAS CITY INSIDERS . . . We take a peek at a fight in the making . . .

BEHIND THE SCENES MAYOR & COUNCIL PREPARE FOR AN EPIC ELECTION SEASON FIGHT FOR RENT CONTROL!!!

Let's set the scene . . . Here's an apt quote on the topic from the leader of KC Tenants and a national campaign to enact rent control . . .

 "The system as we know it today has failed everyday people, many of whom make impossible choices between rent and food, their homes or their medications," said Tara Raghuveer "The status quo is not working for the people, it is only working for the profiteers, and it is time for change. It is time for the federal government to make changes to that system, to correct the imbalance of power between landlords and tenants, to protect tenants, and to stabilize the American economy."

Now, a word of caution and something to calm our more testy TKC readers . . .

Currently, Rent control is banned in Missouri (MRS § 441.043).

Feel better???

Good. 

But the conversation doesn't stop there . . . In fact . . . 

Missouri prohibition will likely only embolden Mayor & Council to throw their support behind the issue given that they're not liable for the result of their brazen anti-capitalist rhetoric. 

Right now a supportive resolution has already been drafted. 

Once again, Mayor & Council plan to let KC Tenants use council chambers as their own, personal, activist bully pulpit . . . 

And . . . There's talk of a "rent control pledge" emerging in Kansas City that will earn some, lucky landlords the right to land in the good graces of activists & politicos. 

Meanwhile . . .

From both conservative and progressive vantages . . . The topic of rent control threatens to be one of many issues that will rip this nation apart as we slouch toward the 2024 election.

Read more via www.TonysKansasCity.com links . . .

Why rent control in NYC could become the new abortion

Having already overturned Roe v. Wade, the Supreme Court could soon hear a case that challenges the constitutionality of rent regulations in New York.

Landlords Are Pushing the Supreme Court to End Rent Control

Two landlord lobbying groups are petitioning the Supreme Court to overturn New York City's rent stabilization law, which would allow further countrywide challenges to rent control. Real estate billionaires friendly with court justices are backing the move.

Economists Support Nationwide Rent Control in Letter to Biden Admin

"All the empirical literature suggests that the basic economic story does not hold" when it comes to anti-rent control arguments, said one economist.

Opinion | Rent Control Is Constitutionally Vulnerable

New York's 2019 law is so onerous that the Supreme Court may revisit the issue for the first time in years.

'Renters Are Struggling': Economists Back Tenant-Led Push for Federal Rent Control

"We have seen corporate landlords-who own a larger share of the rental market than ever before-use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."

Developing . . .