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Reason
Reason
Christian Britschgi

Colorado Is the Latest State To Consider Rent Control

Colorado considers repealing its ban on local rent control to combat mounting housing costs. A bill currently working its way through the state House of Representatives would give cities and counties the power to impose a cap on rent hikes of as much as 3 percent plus inflation on residential buildings that are at least 15 years old. "The rent is too high in Colorado, and that's not just for essential service workers," said state Rep. Javier Mabrey (D–Denver), per Colorado Public Radio.

Colorado prevents its local governments from adopting rent control, as do 30 other states.

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