Media Coverage
New Law Caps How Much Landlords Can Raise Rents in Prince George's County
October 18, 2024
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The Permanent Rent Stabilization and Protection Act, which recently went into effect in Prince George's County, will limit how much landlords in the area can raise rents. Fox 5 Washington, D.C., spoke with Roger Winston—co-leader of Ballard Spahr's Mixed-Use, Condominium, and Mutlifamily Development Team—about the implications of this new law.
"The intent of rent control is to make rent more affordable, but it has the opposite effect," Winston said. "Because it discourages new housing construction and development. It is a short-term fix that makes people think you're helping them, but it doesn't."
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