Chicago Deserves Better Than Rent Control.

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I’m going to admit right off the bat that I am absolutely terrified of writing this article. The topic of rent control in Chicago has been on my to-do list since it hit the news in early 2018 and every time since then that I’ve looked at that line item I’ve flinched and avoided it. We covered it a little in our newsletter back in March when it was on the primary ballot. It’s never been mentioned in depth in the blog. But nothing going forward in this blog can really be addressed without taking on the matter, and I did recently promise one of my industry colleagues that I would finally go on the record about it, so here we are.

Meet This Article’s Cities

For this article we will be comparing the rental data for a selection of cities and neighborhoods within those cities, each chosen for a specific purpose. We will, of course, be looking at Chicago, which has its own Residential Landlord-Tenant Ordinance.

We will be looking at San Francisco and New York City, which both have RLTOs but also have rent control. Yes, I could have also included Los Angeles and DC. I could have included a lot of cities. I am one person and this article is already long enough as it is. If you want to take this data and run with an expansion that’s totally fine with me. Continue reading Chicago Deserves Better Than Rent Control.

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Published by

Kay Cleaves

Founder and owner of RentConfident. She's the primary developer of the website and research engine code. She's spent over 10 years working in the Chicago rental industry and has assisted with over 1200 leases.

New Laws for 2019 Affecting Chicago Renters

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At the beginning of 2018 our monthly newsletter contained a list of all new state and city laws that took effect on the first of the year and had a chance to affect the Chicago rental market. We included a copy of that newsletter in our first blog post of 2018. It’s now 2019 and we are doing it again. As we stated last year, we normally don’t duplicate content between the newsletter and the blog, but they do have different audiences that don’t overlap and this is pretty important stuff.

Illinois

This is a partial list, only including the new laws that are most likely to affect landlords, renters and real estate professionals. As always we’ve tried to be accurate with our summaries but you should check the actual law and probably contact an attorney before acting on any changes. You can find the full list of Illinois laws effective January 1 2019 at the General Assembly’s data archive.

Continue reading New Laws for 2019 Affecting Chicago Renters

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Published by

Kay Cleaves

Founder and owner of RentConfident. She's the primary developer of the website and research engine code. She's spent over 10 years working in the Chicago rental industry and has assisted with over 1200 leases.