Friday, March 1, 2024 |

With renters squeezed by high prices, Maryland cities consider rent stabilization

November 15, 2022

When Kia Jefferson received a renewed lease in June for her apartment in Laurel, she said it felt “like somebody punched me in the gut.” The monthly rent on her home of 17 years would be increasing from $1,311 to $2,050. “It’s gotta be a typo,” Jefferson recalled thinking at first. A new landlord had taken over the Patuxent Place Apartments and begun renovating some units so they could be rented at far higher rates. Even though Jefferson’s apartment hadn’t been renovated — or even, she said, received a new coat of paint since she’d moved in — she and other longtime tenants faced steep increases.

Article Source: The Baltimore Banner

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.