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What Elizabeth's $20 rent increase cap would mean for renters
['Rick Rickman']
New Jersey 101.5 – Proud to be New Jersey – New Jersey News Radio
⚠️ Elizabeth voters will decide in November whether to restore a $20 annual cap on rent increases.
Get our free mobile appElizabeth's $20 rent cap heads back to votersHousing activists celebrated the decision.
"A $20 rent control cap is unconstitutional and will do significant harm to the standard of living in Elizabeth.
Fight over rent control has lasted for yearsThe fight over the $20 rent hike cap has been ongoing for years, at a time when New Jersey rents are skyrocketing.
It had been Elizabeth's rent control policy until 2022, when the city council scrapped it and instead implemented a 3% limit on rent increases.