Prince George’s Co. Council reaches deal on ‘rent stabilization’

After hours of debate and numerous amendments, the Prince George’s County Council has put together its plan for what it calls “rent stabilization.” The deal reached this week meets many of the demands raised by progressive advocates, leading the apartment industry to warn it will backfire in the long run. But the 10-0 preliminary vote this week, a culmination of lots of discussion and compromise among the council, made clear that this will be what passes into law when the final vote on the matter comes next month.