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City considers reducing rents for 1M families; why tenants and landlords have doubts

James Ford, PIX11 News | 5/4/2016, 9:11 a.m.
After setting an historic record last year by not raising rents on the city's 1.03 million rent-regulated apartments, the Rent ...
PIX 11 News

City considers reducing rents for 1M families; why tenants and landlords have doubts

After setting an historic record last year by not raising rents on the city's 1.03 million rent-regulated apartments, the Rent Guidelines Board now considers making local history again by actually reducing rents for the first time ever.

Both tenants and landlords have strong reactions to that possibility, but their comments about it may take some people by surprise.

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