BROADCASTS.com

The rent control debate is gaining momentum at the top of the legal food chain. New York landlords are asking the Supreme Court to overturn lower court decisions on a 2019 rent stabilization law, and several national real estate groups are showing support. If the high court takes the case and rules in their favor, experts say it could \\u201cdestabilize\\u201d rent stabilization laws across the nation.

\\xa0

Hi, I\'m Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.

\\xa0

The two landlord groups pushing for a Supreme Court review of the lower court rulings are the Community Housing Improvement Program and the Rent Stabilization Association. They are both based in New York, and claim that the 2019 \\u201cHousing Stability and Tenant Protection Act\\u201d is unconstitutional. The law is also known as the Rent Stabilization Law or RSL...\\xa0

\\xa0

You\\u2019ll find links to our sources at newsforinvestors.com. You can also find out more about the real estate market and how rental properties can help you become financially independent by signing up as a RealWealth member. It\\u2019s free to join, and takes just a few minutes. And don\\u2019t forget to subscribe to his podcast!

\\xa0

Thanks for listening!

Kathy Fettke

\\xa0

\\xa0

1 - https://www.bisnow.com/national/news/multifamily/national-landlord-organizations-join-chips-supreme-court-fight-against-rent-regulation-119647

\\xa0

2 - https://www.nationalreview.com/2023/07/the-case-against-new-yorks-rent-regulatory-regime/