New city regs could tighten housing crunch- WCAX

Landlords fear having to walk away from properties if proposed rent control and eviction regulations take effect.

"Some landlords say they won’t be able to invest in their properties if they can’t raise the rent to pay for repairs and maintain their buildings. “My building’s going to go to hell. Every building in Burlington is going to go to hell,” said Donald Silsh. “The whole housing stock is going to be degraded because there’s no point in putting money in a building if you can’t control it.”

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  • David Flemming
    published this page in The News 2020-09-17 19:14:23 -0400