Has rent control and city’s Green New Deal stifled development in Portland?Has rent control and city’s Green New Deal stifled development in Portland? https://secureservercdn.net/220.127.116.11/i6p.830.myftpupload.com/wp-content/uploads/2022/02/15995498_20200325_construction_2-1024x621-1.jpg?time=1652295540 1024 621 Ethan Strimling https://secure.gravatar.com/avatar/4bc352c2c927d2bfb791e3b75b984b94?s=96&d=mm&r=g
I so enjoy bragging about the effectiveness of progressive policies. Have you seen the impact of Portland’s Green New Deal and rent control? No rent increases on tenants for 19 months, the tallest building in Maine is being built and all 263 units will be rent controlled, and while Portland approved nine Inclusionary zoning units in 2020, they approved three times as many since the city’s Green New Deal passed!