1 00:00:00,640 --> 00:00:03,960 Speaker 1: It's Night's Eyes with Dan Ray. I'm gelling you Easy 2 00:00:04,400 --> 00:00:06,160 Speaker 1: Boston's news Radio. 3 00:00:07,720 --> 00:00:12,799 Speaker 2: All right, we are tough night for the Bruins. 4 00:00:12,840 --> 00:00:15,840 Speaker 1: Now tough weekend for the Bruins down in Florida. Week 5 00:00:15,920 --> 00:00:16,720 Speaker 1: down in Florida. 6 00:00:17,880 --> 00:00:18,720 Speaker 2: My name's Dan Ray. 7 00:00:18,720 --> 00:00:20,360 Speaker 1: I'm the host of Nightside, and we are going to 8 00:00:20,440 --> 00:00:22,959 Speaker 1: talk in the next hour about a couple of the 9 00:00:23,600 --> 00:00:27,440 Speaker 1: ballot initiatives that all of us better get used to, 10 00:00:27,480 --> 00:00:30,800 Speaker 1: because you're going to hear a lot. There are about 11 00:00:30,880 --> 00:00:34,680 Speaker 1: twelve ballot questions that have so far qualified for the 12 00:00:34,720 --> 00:00:38,640 Speaker 1: twenty twenty six ballot coming up this November, so we're 13 00:00:38,760 --> 00:00:41,920 Speaker 1: probably I don't know, ten months away, I guess is 14 00:00:41,960 --> 00:00:44,040 Speaker 1: what we would say or something, you know, a little 15 00:00:44,520 --> 00:00:47,239 Speaker 1: nine or ten months away, and it's going to get interesting. 16 00:00:47,600 --> 00:00:54,840 Speaker 1: One of the initiatives would basically make rent control the 17 00:00:54,960 --> 00:01:00,000 Speaker 1: law across Massachusetts normally rent control, at least from my experience, 18 00:01:00,080 --> 00:01:03,880 Speaker 1: it has been done not particularly well, but has been 19 00:01:03,960 --> 00:01:08,119 Speaker 1: tried on a city by city basis, and we will 20 00:01:08,160 --> 00:01:10,680 Speaker 1: talk I'm sure at some point with the folks who 21 00:01:10,760 --> 00:01:18,760 Speaker 1: are supporting this program. However, tonight to raise some questions 22 00:01:18,880 --> 00:01:23,200 Speaker 1: I think about the desirability of the program we have 23 00:01:23,640 --> 00:01:27,120 Speaker 1: Connor Units. He's the chair of the committee that opposes 24 00:01:27,200 --> 00:01:28,600 Speaker 1: this ballot initiative. 25 00:01:29,160 --> 00:01:32,560 Speaker 2: Connor, welcome to Nightside. How are you doing great? 26 00:01:32,640 --> 00:01:33,920 Speaker 3: Dan, thanks to grabbing me. 27 00:01:34,200 --> 00:01:37,400 Speaker 2: You're welcome. What is the name of your organization? 28 00:01:37,480 --> 00:01:39,840 Speaker 1: Because all of these groups they have different names, and 29 00:01:39,920 --> 00:01:43,720 Speaker 1: sometimes you know, it's like the name can be very 30 00:01:43,760 --> 00:01:47,640 Speaker 1: descriptive and in some cases it can be less so descriptive. 31 00:01:47,680 --> 00:01:50,559 Speaker 1: What is what is the largest group that is opposing 32 00:01:51,360 --> 00:01:53,480 Speaker 1: the imposition of rent control? 33 00:01:54,520 --> 00:01:57,960 Speaker 3: Sure, our group is called Housing for Massachusetts and we 34 00:01:58,080 --> 00:02:02,600 Speaker 3: chose that name because our supporters believe we need more housing. 35 00:02:02,680 --> 00:02:05,160 Speaker 3: We want to protect the housing in Massachusetts. That is 36 00:02:05,200 --> 00:02:07,640 Speaker 3: the only way to address this affordability crisis. 37 00:02:07,760 --> 00:02:08,720 Speaker 2: Okay, now. 38 00:02:10,400 --> 00:02:13,560 Speaker 1: Let's talk about the history of rent control. First of all, 39 00:02:15,400 --> 00:02:19,520 Speaker 1: there is rent control in effect. Some of it has 40 00:02:19,560 --> 00:02:22,119 Speaker 1: been grandfathered in. But if you can give us an 41 00:02:22,200 --> 00:02:27,320 Speaker 1: overview of rent control my recollection and I don't know 42 00:02:27,360 --> 00:02:30,480 Speaker 1: that there's anywhere that any state in the country has 43 00:02:30,520 --> 00:02:35,080 Speaker 1: approved a rent control law. That normally it's done on 44 00:02:35,120 --> 00:02:37,560 Speaker 1: a city by city basis, or am I incorrect? 45 00:02:37,639 --> 00:02:42,880 Speaker 3: Or that more recently, over the past five or six years, 46 00:02:43,080 --> 00:02:48,000 Speaker 3: three states have actually passed statewide rent control that in 47 00:02:48,080 --> 00:02:50,560 Speaker 3: some ways is similar to what's being proposed here, but 48 00:02:50,600 --> 00:02:55,079 Speaker 3: it's actually far far less restrictive than what's being proposed here. 49 00:02:55,160 --> 00:02:59,320 Speaker 3: For example, in California they passed it in twenty nineteen 50 00:03:00,400 --> 00:03:04,440 Speaker 3: that allows rent increases. Excuse me, it limits rents to 51 00:03:04,480 --> 00:03:10,000 Speaker 3: a maximum of ten percent or CPI, which is inflamation 52 00:03:10,120 --> 00:03:14,800 Speaker 3: the consumer Price Index plus five percent. Oregon and Washington 53 00:03:14,919 --> 00:03:19,280 Speaker 3: has similar its max of ten percent or CPI plus 54 00:03:19,480 --> 00:03:23,280 Speaker 3: seven percent. What is being proposed here in Massachusetts is 55 00:03:23,400 --> 00:03:28,040 Speaker 3: far more restrictive. It's just CPI and so if or 56 00:03:28,080 --> 00:03:31,280 Speaker 3: a max of five percent. So generally speaking, over the 57 00:03:31,360 --> 00:03:34,239 Speaker 3: last twenty years, CPI has averaged about two and a 58 00:03:34,320 --> 00:03:38,280 Speaker 3: half percent. So essentially, what this proposal is saying is 59 00:03:38,320 --> 00:03:40,520 Speaker 3: that rents can only increase an average of two and 60 00:03:40,560 --> 00:03:41,280 Speaker 3: a half percent. 61 00:03:41,880 --> 00:03:47,600 Speaker 1: And is this rents across the board or is this rents? 62 00:03:48,320 --> 00:03:49,320 Speaker 2: I mean, are we talking? 63 00:03:49,360 --> 00:03:52,200 Speaker 1: Is this going to affect people who, let's say, own 64 00:03:52,240 --> 00:03:56,720 Speaker 1: a three decker and maybe they live in the three decker? 65 00:03:56,800 --> 00:03:59,560 Speaker 1: Are there some exceptions that have been that have been 66 00:03:59,560 --> 00:03:59,960 Speaker 1: cut out? 67 00:04:01,200 --> 00:04:05,240 Speaker 3: There are some limited exceptions. If someone owns a three 68 00:04:05,280 --> 00:04:08,680 Speaker 3: decker and they live in it, they would be exempt. However, 69 00:04:09,680 --> 00:04:11,720 Speaker 3: you know, I know plenty. I'm sure you know plenty 70 00:04:11,760 --> 00:04:15,520 Speaker 3: of folks from Dorchester, from South Boston, from Cambridge, from 71 00:04:15,520 --> 00:04:19,640 Speaker 3: Summerville who maybe used to live in their three decker 72 00:04:20,279 --> 00:04:23,960 Speaker 3: but have moved into you know, smaller housing, have downsized 73 00:04:24,000 --> 00:04:26,760 Speaker 3: and continue to rent it out, they would not be exempt. 74 00:04:27,480 --> 00:04:33,719 Speaker 1: So is there any rent control that exist in Massachusetts today? 75 00:04:33,839 --> 00:04:36,760 Speaker 1: Even rent control that has been grain fathered in many 76 00:04:36,839 --> 00:04:42,040 Speaker 1: years ago. Is it totally market rates? 77 00:04:42,080 --> 00:04:45,200 Speaker 3: The only rent control that still exists in Massachusetts is 78 00:04:45,240 --> 00:04:49,120 Speaker 3: with mobile homes, and I candidly have not an expert 79 00:04:49,160 --> 00:04:52,280 Speaker 3: on the exact policies, but that is it. Otherwise, rent 80 00:04:52,279 --> 00:04:56,920 Speaker 3: control was banned by a ballot initiative in nineteen ninety 81 00:04:56,920 --> 00:05:03,000 Speaker 3: four based on the experience of small property owners in Cambridge, Boston, 82 00:05:03,040 --> 00:05:06,680 Speaker 3: and Brookline, which were the only three municipalities that had 83 00:05:06,720 --> 00:05:07,440 Speaker 3: it at that time. 84 00:05:08,240 --> 00:05:12,839 Speaker 1: But there was a statewide initiative that voted on whether 85 00:05:12,920 --> 00:05:14,919 Speaker 1: it would continue in those three communities. 86 00:05:15,880 --> 00:05:20,240 Speaker 3: That is correct, It was a statewide initiative that that 87 00:05:20,640 --> 00:05:26,320 Speaker 3: said that rent control would be prohibited across Massachusetts except 88 00:05:27,000 --> 00:05:33,080 Speaker 3: if if communities allowed property owners to opt in and 89 00:05:33,440 --> 00:05:38,480 Speaker 3: compensated them for the difference. In the market rate and 90 00:05:38,600 --> 00:05:39,680 Speaker 3: the cap rent. 91 00:05:40,880 --> 00:05:43,400 Speaker 2: Boy, that's that seems to be pretty bureaucratic. 92 00:05:46,040 --> 00:05:48,839 Speaker 3: So in theory, you could a community could implement rent 93 00:05:48,839 --> 00:05:51,360 Speaker 3: control today. They would just have to pay propery owners 94 00:05:51,520 --> 00:05:54,599 Speaker 3: the difference, and they'd have the proper owners would have 95 00:05:54,600 --> 00:05:56,039 Speaker 3: to opt into the program as well. 96 00:05:56,320 --> 00:06:00,200 Speaker 1: Yeah, so so it would almost be voluntary something that 97 00:06:00,200 --> 00:06:03,479 Speaker 1: that property owners would have to voluntarily participate in, and 98 00:06:03,600 --> 00:06:06,360 Speaker 1: most property owners, I'm sure would not jump at that 99 00:06:06,720 --> 00:06:11,320 Speaker 1: of that opportunity exactly. Is it too early to tell 100 00:06:11,440 --> 00:06:16,320 Speaker 1: what the public sentiment is. Have there been any statewide 101 00:06:16,400 --> 00:06:19,080 Speaker 1: polls that have been taken on this yet or are 102 00:06:19,120 --> 00:06:20,320 Speaker 1: we too early in the process. 103 00:06:21,320 --> 00:06:23,280 Speaker 3: There have been a couple that have asked a general 104 00:06:23,360 --> 00:06:27,440 Speaker 3: question about whether or not folks support rent control of 105 00:06:27,520 --> 00:06:32,119 Speaker 3: the concept, and unsurprisingly that pulse fairly well, it pulls 106 00:06:32,160 --> 00:06:35,880 Speaker 3: in the low sixties. But they're not actually asking about 107 00:06:35,920 --> 00:06:39,479 Speaker 3: this question and what it would do, and any is 108 00:06:39,800 --> 00:06:42,600 Speaker 3: with any ballot question. The devil was always in the details. 109 00:06:43,000 --> 00:06:46,240 Speaker 3: And this is an incredibly poorly written, poorly thought out 110 00:06:46,279 --> 00:06:49,240 Speaker 3: proposal that would have lasting damage on our housing in 111 00:06:50,120 --> 00:06:51,560 Speaker 3: our economy here in Massachusetts. 112 00:06:51,600 --> 00:06:53,039 Speaker 1: Okay, I want to talk about some of that, but 113 00:06:53,080 --> 00:06:56,160 Speaker 1: I got to take a break. My guest this hour 114 00:06:56,279 --> 00:07:00,320 Speaker 1: is Connor Units. You must have a title with housing 115 00:07:00,360 --> 00:07:02,880 Speaker 1: from Massachusetts. What's your title? You're the co chair of. 116 00:07:03,720 --> 00:07:06,320 Speaker 3: The chairman of the committee, the chairman. 117 00:07:06,279 --> 00:07:09,440 Speaker 1: Of the committee, okay, and he is, of course that 118 00:07:09,480 --> 00:07:13,840 Speaker 1: committee is opposed to the ballot initiative. Now, all of 119 00:07:13,880 --> 00:07:20,240 Speaker 1: these ballot initiatives, Connor have to secure some additional signatures 120 00:07:21,080 --> 00:07:23,680 Speaker 1: to make the ballot, but about a dozen of them 121 00:07:23,760 --> 00:07:29,360 Speaker 1: have received initial approval based upon the signatures that they 122 00:07:29,360 --> 00:07:30,480 Speaker 1: collected last fall. 123 00:07:31,560 --> 00:07:33,560 Speaker 2: It's an unwieldy process. 124 00:07:33,160 --> 00:07:36,760 Speaker 4: Here in my opinion, but they have to go out 125 00:07:36,880 --> 00:07:42,000 Speaker 4: at some point this spring and get a percentage of 126 00:07:42,600 --> 00:07:46,120 Speaker 4: additional signatures of what they gathered last fall. 127 00:07:46,200 --> 00:07:46,560 Speaker 2: Correct. 128 00:07:47,680 --> 00:07:52,000 Speaker 3: Correct, They'll have to get approximately twelve thousand to thirteen 129 00:07:52,080 --> 00:07:53,280 Speaker 3: thousand somewhere in that ranch. 130 00:07:53,760 --> 00:07:56,920 Speaker 1: And in order to have gotten this far, I think 131 00:07:56,960 --> 00:07:59,480 Speaker 1: the figure was somewhere around seventy five thousand. 132 00:08:00,080 --> 00:08:00,640 Speaker 3: That is correct. 133 00:08:00,760 --> 00:08:04,200 Speaker 1: Yes, it's pretty If you've gotten seventy five thousand in 134 00:08:04,240 --> 00:08:07,120 Speaker 1: the fall, you're able to probably and you're you're almost 135 00:08:07,120 --> 00:08:10,400 Speaker 1: home that that final twelve or thirteen thousand will not 136 00:08:10,560 --> 00:08:13,160 Speaker 1: be a great burden for most of these questions. 137 00:08:13,320 --> 00:08:15,120 Speaker 2: We'll take a quick break. My name is Dan Ray. 138 00:08:15,120 --> 00:08:18,840 Speaker 1: We're talking about rent control, the possibility, say again, the 139 00:08:18,880 --> 00:08:24,240 Speaker 1: possibility that rent control could once again, well will be 140 00:08:24,320 --> 00:08:28,840 Speaker 1: on the ballot come come the end of this year, 141 00:08:28,880 --> 00:08:34,120 Speaker 1: in November. But it also has a realistic possibility of passing. 142 00:08:34,360 --> 00:08:38,600 Speaker 1: And maybe maybe some of you feel strongly about it 143 00:08:38,640 --> 00:08:40,160 Speaker 1: one way or the other. If you do, feel free 144 00:08:40,200 --> 00:08:42,120 Speaker 1: to join the conversation. If you want to ask an 145 00:08:42,120 --> 00:08:47,040 Speaker 1: honest question of my guest, that's possible too. Six one, seven, two, five, four, 146 00:08:47,120 --> 00:08:50,600 Speaker 1: ten thirty six one seven, nine, three, ten thirty Back 147 00:08:50,600 --> 00:08:55,000 Speaker 1: on night Side. Right after the break, night Side with 148 00:08:55,200 --> 00:08:59,640 Speaker 1: Dan Ray, I'm telling you Boston's News Radio. 149 00:09:00,760 --> 00:09:01,559 Speaker 2: My guess is Connor. 150 00:09:01,679 --> 00:09:05,040 Speaker 1: Units Connor is the chairman of the Housing for Massachusetts. 151 00:09:05,040 --> 00:09:08,439 Speaker 1: That is the group that is opposed to the initiative 152 00:09:08,480 --> 00:09:14,000 Speaker 1: petition which would bring back rent control well, actually would 153 00:09:14,040 --> 00:09:20,880 Speaker 1: implement rent control across Massachusetts, never been done before. These 154 00:09:21,520 --> 00:09:27,040 Speaker 1: questions are always written by lawyers, and they're not the clearest. 155 00:09:27,400 --> 00:09:33,920 Speaker 1: But what will this proposal do here in Massachusetts if 156 00:09:33,920 --> 00:09:36,520 Speaker 1: it indeed is passed, Give it to us in the 157 00:09:36,559 --> 00:09:38,040 Speaker 1: clearest English that you can. 158 00:09:38,160 --> 00:09:42,640 Speaker 3: Connor, absolutely so, First, as I said for it will 159 00:09:42,760 --> 00:09:46,120 Speaker 3: cap rents rent increases at about two and a half 160 00:09:46,120 --> 00:09:49,880 Speaker 3: percent for property owners. To put that in perspective, the 161 00:09:49,960 --> 00:09:53,760 Speaker 3: average property tax increase in Massachusetts last year was five 162 00:09:53,760 --> 00:09:57,240 Speaker 3: point one percent. The average insurance costs over the last 163 00:09:57,320 --> 00:10:00,600 Speaker 3: five years have gone out more than twenty percent. Obviously, 164 00:10:00,600 --> 00:10:03,720 Speaker 3: we all know about utility costs, so all of these 165 00:10:03,760 --> 00:10:06,360 Speaker 3: costs would increase at a much higher rent rate than 166 00:10:06,559 --> 00:10:12,280 Speaker 3: property owners could charge tenants. And we all can can 167 00:10:12,880 --> 00:10:15,400 Speaker 3: assume what would happen in that case. If you're losing 168 00:10:15,480 --> 00:10:17,719 Speaker 3: money in the property, you're not investing in upkeep, you're 169 00:10:17,720 --> 00:10:21,120 Speaker 3: not investing in renovations. And that's what we found, what 170 00:10:21,240 --> 00:10:24,040 Speaker 3: people have found all over the country, including here in Massachusetts, 171 00:10:24,160 --> 00:10:27,480 Speaker 3: when these policies had been in place before. It would also, 172 00:10:27,960 --> 00:10:31,680 Speaker 3: as you said, be statewide, so it's not just huge 173 00:10:31,720 --> 00:10:34,400 Speaker 3: apartment buildings. It's not just Boston or Cambridge. 174 00:10:34,880 --> 00:10:35,040 Speaker 2: You know. 175 00:10:35,080 --> 00:10:37,960 Speaker 3: It could be Pittsfield, it could be Yarmouth, it could 176 00:10:37,960 --> 00:10:41,560 Speaker 3: be renting, it could be broocked in wherey lift. It's statewide, 177 00:10:41,600 --> 00:10:43,480 Speaker 3: and that, as you said, has never been done before. 178 00:10:44,600 --> 00:10:50,960 Speaker 3: The other piece I think is important, sy Yes, sorry, 179 00:10:51,160 --> 00:10:55,400 Speaker 3: it applies to everything. Single family homes condos, anything you're 180 00:10:55,440 --> 00:10:58,640 Speaker 3: renting out for a while. My wife and I moved 181 00:10:58,640 --> 00:11:00,720 Speaker 3: out of our condo and we were renting it out. 182 00:11:00,840 --> 00:11:03,560 Speaker 3: This would have applied to us, right We're not you know, 183 00:11:03,559 --> 00:11:07,360 Speaker 3: we're not a giant corporation. We're not trying to raise 184 00:11:07,400 --> 00:11:12,240 Speaker 3: the rents as these proponents are alledging. We were just 185 00:11:12,280 --> 00:11:15,600 Speaker 3: trying to pay our mortgage, and this proposal would have 186 00:11:15,679 --> 00:11:19,560 Speaker 3: capped us as property owners as well. So it applies 187 00:11:19,720 --> 00:11:23,880 Speaker 3: to far more people than most people think right now. 188 00:11:24,000 --> 00:11:27,600 Speaker 1: The whole question of affordability is at the forefront of 189 00:11:27,679 --> 00:11:31,280 Speaker 1: a lot of people's minds. We've got we went through 190 00:11:31,440 --> 00:11:37,640 Speaker 1: tremendous inflation in the post COVID time. Inflation was up 191 00:11:37,720 --> 00:11:39,880 Speaker 1: to nine percent, and of course a lot of that 192 00:11:40,000 --> 00:11:46,760 Speaker 1: inflation that occurs in one year very really to get deflation, 193 00:11:46,960 --> 00:11:50,920 Speaker 1: So that nine percent over at one point that sort 194 00:11:50,960 --> 00:11:52,079 Speaker 1: of gets is built in. 195 00:11:53,520 --> 00:11:54,480 Speaker 2: So you can. 196 00:11:54,480 --> 00:12:00,160 Speaker 1: Understand why people might be tempted by this and might say, hey, 197 00:12:00,440 --> 00:12:05,280 Speaker 1: why should my rent go up six, seven, eight, whatever percent, 198 00:12:06,120 --> 00:12:11,840 Speaker 1: even though the landlord has increasing utility bills, maybe his 199 00:12:11,960 --> 00:12:15,959 Speaker 1: or her taxes have gone up. But I kind of 200 00:12:16,000 --> 00:12:20,439 Speaker 1: afford this, And it's an easy question for a renter 201 00:12:21,120 --> 00:12:25,360 Speaker 1: to think about the affordability that is that is slipping 202 00:12:25,400 --> 00:12:28,199 Speaker 1: from them. They're not getting pay raises. If they were 203 00:12:28,200 --> 00:12:33,880 Speaker 1: getting pay raises of twenty percent, they don't, So. 204 00:12:34,920 --> 00:12:37,720 Speaker 2: What is the argument that you could make. 205 00:12:37,840 --> 00:12:41,520 Speaker 1: Obviously a lot of people are going to be on 206 00:12:41,600 --> 00:12:43,000 Speaker 1: the side of. 207 00:12:44,240 --> 00:12:47,000 Speaker 2: The owners, I mean people who own property. 208 00:12:47,040 --> 00:12:49,520 Speaker 1: I get that, just as the renters probably will say, Hey, 209 00:12:50,480 --> 00:12:52,160 Speaker 1: I'm going to vote in my own interest. But what 210 00:12:52,600 --> 00:12:55,840 Speaker 1: do you say to people who are not renters and 211 00:12:55,880 --> 00:13:00,360 Speaker 1: are not renting property. They're just people living here the 212 00:13:00,360 --> 00:13:02,880 Speaker 1: majority of the voters, how do you persuade, How do 213 00:13:02,960 --> 00:13:09,079 Speaker 1: you persuade and appeal to their better angels. 214 00:13:09,880 --> 00:13:13,080 Speaker 3: It's a great question. And the thing that's unique about 215 00:13:13,120 --> 00:13:15,959 Speaker 3: Massachusetts is that we did already try renk control here, 216 00:13:16,000 --> 00:13:20,920 Speaker 3: as we alluded to earlier, When we had it in Massachusetts. 217 00:13:21,040 --> 00:13:24,080 Speaker 3: It was implemented in the seventies and communities could opt 218 00:13:24,080 --> 00:13:26,120 Speaker 3: in at that time, and only a handful did and 219 00:13:26,120 --> 00:13:29,160 Speaker 3: only a handful kept it. But because it went away 220 00:13:29,360 --> 00:13:32,040 Speaker 3: when voters repealed it, there has been a lot of 221 00:13:32,120 --> 00:13:35,640 Speaker 3: research done on its impact, and for example, there was 222 00:13:35,760 --> 00:13:38,760 Speaker 3: an MIT study a few years ago that looked at 223 00:13:38,760 --> 00:13:43,520 Speaker 3: the impact on Cambridge after rank control went away. And 224 00:13:43,960 --> 00:13:48,320 Speaker 3: what's that MIT study found is that the property values 225 00:13:48,320 --> 00:13:51,880 Speaker 3: in Cambridge after rank control went away increased by about 226 00:13:51,920 --> 00:13:55,719 Speaker 3: two billion dollars over ten years, even controlling for all 227 00:13:55,720 --> 00:13:58,800 Speaker 3: the other growth that was happening, you know, just generally 228 00:13:58,880 --> 00:14:04,200 Speaker 3: across Massachusetts. And importantly, they found that the value of 229 00:14:04,400 --> 00:14:07,720 Speaker 3: non rent controlled properties actually rose at a higher rate 230 00:14:07,880 --> 00:14:13,120 Speaker 3: than previously controlled properties because the rent control policies artificially 231 00:14:13,240 --> 00:14:18,319 Speaker 3: kept down the values of every place in Cambridge, and 232 00:14:18,600 --> 00:14:23,000 Speaker 3: the result of that was lower budgets, lower public safety budgets, 233 00:14:23,000 --> 00:14:28,040 Speaker 3: lower school budgets, higher crime rates. The subsequent studies by 234 00:14:28,080 --> 00:14:31,640 Speaker 3: these same researchers have found that crime and Cambridge decreased 235 00:14:31,680 --> 00:14:34,240 Speaker 3: by sixteen percent in the ten years after rent control 236 00:14:34,280 --> 00:14:37,720 Speaker 3: went away. Because it impacts an entire community, and now 237 00:14:37,720 --> 00:14:41,680 Speaker 3: we're talking about a proposal that would be statewide. And 238 00:14:41,720 --> 00:14:44,120 Speaker 3: by the way, when you look at the census numbers, 239 00:14:44,720 --> 00:14:48,680 Speaker 3: it didn't Rent control in Cambridge didn't actually improve things 240 00:14:48,720 --> 00:14:53,000 Speaker 3: for renters. In fact, between nineteen eighty and nineteen ninety, 241 00:14:53,280 --> 00:14:58,120 Speaker 3: Cambridge lost three thousand rental units across the city, so 242 00:14:58,160 --> 00:15:01,920 Speaker 3: it actually had the opposite effect of of taking more 243 00:15:02,040 --> 00:15:05,040 Speaker 3: units away from renters, and that's exactly what we're afraid 244 00:15:05,040 --> 00:15:06,640 Speaker 3: of happening here under this policy. 245 00:15:06,760 --> 00:15:08,960 Speaker 2: So what happened in those rental units. 246 00:15:09,200 --> 00:15:13,840 Speaker 1: The properties didn't disappear, did they. 247 00:15:14,040 --> 00:15:15,640 Speaker 2: What happened to them? 248 00:15:16,000 --> 00:15:18,920 Speaker 3: So a number of them get converted and they've seen 249 00:15:18,920 --> 00:15:21,480 Speaker 3: this in San Francisco and other places as well. A 250 00:15:21,560 --> 00:15:25,640 Speaker 3: number of them get converted to condominiums. And that was 251 00:15:25,680 --> 00:15:29,040 Speaker 3: happening until Cambridge changed the law so you could no 252 00:15:29,080 --> 00:15:32,000 Speaker 3: longer do that. And then after that, folks just started 253 00:15:32,000 --> 00:15:35,240 Speaker 3: taking units off the market. And this is a big 254 00:15:35,240 --> 00:15:38,120 Speaker 3: issue right now in New York City, where as many 255 00:15:38,160 --> 00:15:41,480 Speaker 3: as fifty to one hundred thousand units are estimated to 256 00:15:41,520 --> 00:15:44,520 Speaker 3: be held off the market because it would cost more 257 00:15:45,000 --> 00:15:48,040 Speaker 3: for the property owners to make the needed upgrades to 258 00:15:48,040 --> 00:15:50,680 Speaker 3: get them up to code or to make them compliant. 259 00:15:51,680 --> 00:15:53,760 Speaker 3: Then they'd be able to recover and rent when those 260 00:15:53,840 --> 00:15:58,400 Speaker 3: units are rent controlled. So what happens is, and economists 261 00:15:58,440 --> 00:16:00,360 Speaker 3: across the country and every place this is and tried 262 00:16:00,440 --> 00:16:03,320 Speaker 3: have looked at this, more units come off the market. 263 00:16:03,600 --> 00:16:07,480 Speaker 3: The other thing that happens is that the tenants that 264 00:16:07,520 --> 00:16:11,240 Speaker 3: are in the rent controlled units, generally speaking, stay a 265 00:16:11,280 --> 00:16:14,800 Speaker 3: lot longer than the folks and non recontrolled units. So 266 00:16:14,840 --> 00:16:18,960 Speaker 3: what that means is then there are fewer affordable apartments 267 00:16:19,040 --> 00:16:22,200 Speaker 3: available to people that are moving in, people that are, 268 00:16:22,280 --> 00:16:27,359 Speaker 3: you know, graduating from college, the kinds of young professionals 269 00:16:27,400 --> 00:16:29,720 Speaker 3: that we are sort of desperately trying to attract or 270 00:16:29,800 --> 00:16:32,360 Speaker 3: keep here to drive the economy forward upward. 271 00:16:32,400 --> 00:16:34,840 Speaker 1: Mobility, I think is what you're talking about there. What 272 00:16:34,920 --> 00:16:38,640 Speaker 1: I don't understand is how that a law can be 273 00:16:38,720 --> 00:16:40,800 Speaker 1: passed which says to you that if you have a 274 00:16:40,920 --> 00:16:44,000 Speaker 1: unit or a building with a couple of rental units 275 00:16:44,040 --> 00:16:47,840 Speaker 1: and you've decided to turn those into condominiums, How any 276 00:16:47,960 --> 00:16:51,760 Speaker 1: law can deprive you of the right to change I 277 00:16:51,800 --> 00:16:56,160 Speaker 1: don't understand with property rights, how you can possibly be 278 00:16:56,280 --> 00:16:58,720 Speaker 1: prevented from from doing that. You said that the past 279 00:16:58,760 --> 00:17:01,880 Speaker 1: the law which prevented that, I don't understand. 280 00:17:01,960 --> 00:17:05,120 Speaker 3: Well, luckily most of those laws have been changed subsequently 281 00:17:05,160 --> 00:17:07,240 Speaker 3: over the last thirty or forty years. But that was 282 00:17:07,320 --> 00:17:11,600 Speaker 3: a big issue in Cambridge because the law in effect 283 00:17:11,640 --> 00:17:15,080 Speaker 3: then said you essentially could not take They changed it 284 00:17:15,119 --> 00:17:17,240 Speaker 3: so you could not take a rent controlled unit off 285 00:17:17,240 --> 00:17:20,040 Speaker 3: of the roles. And in fact, that's a lot of 286 00:17:20,040 --> 00:17:23,840 Speaker 3: what inspired the creation of the Small Property Owners association 287 00:17:24,200 --> 00:17:28,120 Speaker 3: and the effort to ban rent control in ninety four 288 00:17:28,760 --> 00:17:33,440 Speaker 3: was that property owners were essentially barred from, oftentimes even 289 00:17:33,520 --> 00:17:35,040 Speaker 3: using unit that they controlled. 290 00:17:36,400 --> 00:17:39,520 Speaker 1: Unbelievable. Okay, we'll take a break. It's nine thirty. We 291 00:17:39,600 --> 00:17:42,360 Speaker 1: have the news coming at him. I guess is Connor Units. 292 00:17:42,400 --> 00:17:45,600 Speaker 1: He's the chairman of Housing from Massachusetts. He has explained 293 00:17:46,600 --> 00:17:50,719 Speaker 1: his group and his opposition to the implementation of rent control. 294 00:17:51,119 --> 00:17:53,399 Speaker 1: Love to hear from you. If you agree with them, great, 295 00:17:54,240 --> 00:17:57,040 Speaker 1: and you want to find out how you can support 296 00:17:57,160 --> 00:17:59,480 Speaker 1: him or give him a word of encouragement. If, on 297 00:17:59,560 --> 00:18:01,600 Speaker 1: the other hand, and you disagree, or if you just 298 00:18:01,600 --> 00:18:05,600 Speaker 1: want to ask a question about how we proceed here 299 00:18:06,080 --> 00:18:12,320 Speaker 1: in Massachusetts. Obviously, I don't like things that interfere with 300 00:18:12,520 --> 00:18:15,320 Speaker 1: the marketplace. I think most of you understand that I'm 301 00:18:15,359 --> 00:18:18,880 Speaker 1: sort of in the David Brudnoi tradition of libertarianism when 302 00:18:18,880 --> 00:18:20,760 Speaker 1: we come to that point, and it seems to me 303 00:18:20,800 --> 00:18:23,479 Speaker 1: that if you own property, you should be able to 304 00:18:23,760 --> 00:18:27,960 Speaker 1: utilize that property in whatever way you want, and the 305 00:18:28,040 --> 00:18:30,479 Speaker 1: government should just stay and keep their nose out of it. 306 00:18:30,520 --> 00:18:33,359 Speaker 1: There's public housing that the government builds that's for the 307 00:18:33,400 --> 00:18:35,359 Speaker 1: government to run. I don't think they should be running 308 00:18:35,520 --> 00:18:38,600 Speaker 1: private housing. That's my thought. Six one, seven, two, five, 309 00:18:38,720 --> 00:18:42,600 Speaker 1: four ten thirty six one seven, nine, three, one ten thirty. 310 00:18:43,119 --> 00:18:46,080 Speaker 1: Feel free to join the conversation, either pro or con 311 00:18:46,200 --> 00:18:48,879 Speaker 1: rent control. Let us hear your point of view. And 312 00:18:48,960 --> 00:18:51,080 Speaker 1: if you have an honest question and you'd like to 313 00:18:51,560 --> 00:18:55,680 Speaker 1: even give a hypothetical question to Connor, I'm sure he'll 314 00:18:55,720 --> 00:18:57,960 Speaker 1: he'll entertain those as well. We'll be back on Night's 315 00:18:57,960 --> 00:19:00,080 Speaker 1: Side right after the news break at the bottom of 316 00:19:00,160 --> 00:19:06,320 Speaker 1: the hour. It's Night Side with Dan on Boston's news Radio. 317 00:19:06,880 --> 00:19:07,840 Speaker 2: My guest is Connor. 318 00:19:07,920 --> 00:19:11,200 Speaker 1: Units Connor is the chairman of Housing from Massachusetts, which 319 00:19:11,240 --> 00:19:15,520 Speaker 1: is an organization that has formed to oppose the rent 320 00:19:15,560 --> 00:19:18,119 Speaker 1: control initiative that will be on the ballot, or I 321 00:19:18,160 --> 00:19:21,480 Speaker 1: expect it will be on the ballot this fall. And again, 322 00:19:21,600 --> 00:19:24,320 Speaker 1: I know it's a little early to start talking about 323 00:19:24,359 --> 00:19:27,480 Speaker 1: ballot questions, but it's pretty clear twelve of them have 324 00:19:27,880 --> 00:19:30,520 Speaker 1: cleared the initial hurdle to be in the ballot. There's 325 00:19:30,560 --> 00:19:34,360 Speaker 1: another smaller hurdle that they all will have to clear sometime, 326 00:19:34,520 --> 00:19:37,320 Speaker 1: I guess in April in May. If I'm not mistaken, Connor, 327 00:19:37,359 --> 00:19:39,280 Speaker 1: if I'm way off on that, tell me but I 328 00:19:39,280 --> 00:19:41,919 Speaker 1: think the deadline is sometime in May and then the 329 00:19:41,920 --> 00:19:42,960 Speaker 1: ballots get printed. 330 00:19:43,520 --> 00:19:44,320 Speaker 2: But I think it's. 331 00:19:44,200 --> 00:19:47,040 Speaker 1: Good to talk about this and give people an opportunity 332 00:19:47,080 --> 00:19:51,679 Speaker 1: to ask questions. Connor, obviously his group opposes the initiative, 333 00:19:51,720 --> 00:19:54,600 Speaker 1: will have someone to come on to talk in favor 334 00:19:54,600 --> 00:19:57,640 Speaker 1: of the initiative as well. But in the meantime, I'd 335 00:19:57,680 --> 00:20:00,280 Speaker 1: like to go to phone call six one seven four. 336 00:20:03,400 --> 00:20:06,800 Speaker 1: Let me start off with Mitch down on Cape con Hey. Mitch, 337 00:20:06,920 --> 00:20:10,160 Speaker 1: you are first this hour on Night's side with Connor units, 338 00:20:10,200 --> 00:20:13,800 Speaker 1: and we're talking about the potential of some pretty serious 339 00:20:13,520 --> 00:20:15,520 Speaker 1: rent control here in Massachusetts. 340 00:20:15,600 --> 00:20:19,800 Speaker 5: Good evening, Yeah, good evening, Dan, appreciate your show and 341 00:20:20,119 --> 00:20:27,960 Speaker 5: good evening. And Connor very nervous about the rent control. 342 00:20:28,240 --> 00:20:34,359 Speaker 5: I have several properties throughout the Cape and I'm actually 343 00:20:34,400 --> 00:20:38,159 Speaker 5: on my way there now and i have a condominium 344 00:20:38,200 --> 00:20:43,720 Speaker 5: association meeting where they're going to go up in condo 345 00:20:43,880 --> 00:20:50,520 Speaker 5: fees due to you know, maintenance their waterfront property. So 346 00:20:50,680 --> 00:20:54,840 Speaker 5: do you have you know, wind and weather abuse and 347 00:20:55,800 --> 00:21:01,679 Speaker 5: uh not taking into consideration any of those feeds. You know, 348 00:21:01,800 --> 00:21:06,000 Speaker 5: my profit margin is maybe seven to twelve percent on 349 00:21:06,240 --> 00:21:10,879 Speaker 5: the units, and if in fact they go up in rent, 350 00:21:11,040 --> 00:21:15,479 Speaker 5: go in and implement rent control. How does that offset 351 00:21:16,520 --> 00:21:25,840 Speaker 5: things like condo fees, state fees, local tax, registration fees. 352 00:21:25,920 --> 00:21:29,280 Speaker 2: I mean, don't don't forget utilities. 353 00:21:29,320 --> 00:21:31,679 Speaker 1: I assume you have electric bills and gas bills and 354 00:21:31,720 --> 00:21:32,280 Speaker 1: things like that. 355 00:21:32,400 --> 00:21:37,360 Speaker 5: Correct, absolutely, absolutely, And nobody seems to take into consideration 356 00:21:37,440 --> 00:21:40,840 Speaker 5: also the depreciation of the property from when you have 357 00:21:40,920 --> 00:21:43,560 Speaker 5: a tenant that's in there five to seven years. They're renting, 358 00:21:43,560 --> 00:21:46,280 Speaker 5: they're not treating it like a home, and you know, 359 00:21:46,400 --> 00:21:49,240 Speaker 5: you when they move out, you're talking a couple thousand 360 00:21:49,320 --> 00:21:53,600 Speaker 5: dollars easy to you know, respruce up the property so 361 00:21:53,680 --> 00:21:58,120 Speaker 5: you're compliant with the new codes that are implemented, as 362 00:21:58,160 --> 00:22:00,480 Speaker 5: well as the new fees, because every year you have 363 00:22:01,200 --> 00:22:04,400 Speaker 5: a registration fee for the property, or a registration fee 364 00:22:04,400 --> 00:22:07,920 Speaker 5: with a fire department, registration fee with the police department 365 00:22:08,000 --> 00:22:12,240 Speaker 5: for alarms. I mean, no one's taking consideration of that. 366 00:22:12,400 --> 00:22:14,919 Speaker 5: And I mean I do my due diligence as a 367 00:22:14,960 --> 00:22:20,679 Speaker 5: citizen to lessen the burden on the on the fellow 368 00:22:20,800 --> 00:22:24,639 Speaker 5: citizens and the government to you know, take care of myself. 369 00:22:24,880 --> 00:22:28,680 Speaker 5: And it seems to be harder and harder to do business, 370 00:22:28,760 --> 00:22:36,399 Speaker 5: and seems to be more of a leading towards a 371 00:22:36,560 --> 00:22:41,639 Speaker 5: softness towards the tenant, where the landlord and the owner 372 00:22:41,680 --> 00:22:44,800 Speaker 5: of the properties in fact, you know, providing a service. 373 00:22:45,000 --> 00:22:46,600 Speaker 2: Right Well, I think you know what I think, Mitch. 374 00:22:46,640 --> 00:22:49,440 Speaker 1: I think there's more more tenants than there are landlords. 375 00:22:49,480 --> 00:22:53,120 Speaker 1: How long have you been a renter or a landlord. 376 00:22:54,359 --> 00:22:57,040 Speaker 5: I've been a landlord for over forty years. 377 00:22:57,359 --> 00:23:02,240 Speaker 1: Forty years, Okay. Has it got tougher as a landlord 378 00:23:02,600 --> 00:23:08,000 Speaker 1: in recent years or have things gotten better for you? 379 00:23:08,080 --> 00:23:11,000 Speaker 5: Putting aside the PA in the last five years, it's 380 00:23:11,119 --> 00:23:15,240 Speaker 5: gotten to be incredible difficult. You have tenants that don't 381 00:23:15,240 --> 00:23:23,560 Speaker 5: pay I just had a court a verdict in mine, 382 00:23:24,359 --> 00:23:28,200 Speaker 5: in my favor, where the tenant owed me after all 383 00:23:28,640 --> 00:23:33,320 Speaker 5: six months of manipulating the service and the system, where 384 00:23:33,359 --> 00:23:36,879 Speaker 5: they have twenty two years to pay me back the 385 00:23:37,480 --> 00:23:40,800 Speaker 5: seventeen thousand dollars they owe me in arrears. I mean 386 00:23:40,840 --> 00:23:43,760 Speaker 5: it seems to be planted against the landlord and property. 387 00:23:43,920 --> 00:23:46,879 Speaker 2: Good luck, I mean, good luck, good luck trying to 388 00:23:48,400 --> 00:23:49,560 Speaker 2: get that satisfied. 389 00:23:50,560 --> 00:23:54,880 Speaker 1: Connor, it sounds like Mitch is exactly the person who 390 00:23:54,920 --> 00:23:56,040 Speaker 1: you're trying to protect. 391 00:23:56,440 --> 00:23:57,640 Speaker 2: Say hello to Mitchell, tell. 392 00:23:57,560 --> 00:24:01,119 Speaker 3: Them what absolutely yeah, Mitchell, Unfortunately, the answer to your 393 00:24:01,200 --> 00:24:04,280 Speaker 3: question is there are no There are no exemptions for 394 00:24:04,520 --> 00:24:08,879 Speaker 3: those or the considerations for those fees. It is you know, 395 00:24:08,920 --> 00:24:12,080 Speaker 3: it is CPI or a maximum of five percent. And 396 00:24:12,560 --> 00:24:17,160 Speaker 3: the enforcement mechanism in this ballot question is that all 397 00:24:17,200 --> 00:24:20,960 Speaker 3: of the onus, all the burden for noticing and communicating 398 00:24:20,960 --> 00:24:25,959 Speaker 3: and understanding and implementing the rule. The rule correctly falls 399 00:24:25,960 --> 00:24:29,440 Speaker 3: on the property owner, and if you fall out of compliance, 400 00:24:29,560 --> 00:24:32,760 Speaker 3: you can be sued under the Consumer Protection Act laws 401 00:24:32,760 --> 00:24:35,720 Speaker 3: in Massachusetts, and you know, be found liable for up 402 00:24:35,720 --> 00:24:39,040 Speaker 3: the trouble damages more than that. You may not know this, 403 00:24:39,560 --> 00:24:43,000 Speaker 3: but the way this question is written the law, the 404 00:24:43,040 --> 00:24:48,080 Speaker 3: rent that is calculated for the purposes of this actually 405 00:24:48,160 --> 00:24:51,680 Speaker 3: is whatever your rent was last Saturday, January thirty first, 406 00:24:51,720 --> 00:24:55,320 Speaker 3: twenty twenty six. So if this were to pass, you 407 00:24:55,359 --> 00:24:58,600 Speaker 3: cannot raise the rent you know, next November December after 408 00:24:58,600 --> 00:25:01,439 Speaker 3: the election, to try and account for any of this. 409 00:25:01,640 --> 00:25:05,000 Speaker 3: That that rent is already locked. So whatever you're currently charging, 410 00:25:05,040 --> 00:25:06,840 Speaker 3: you don't want to be able to go up CPI 411 00:25:07,000 --> 00:25:07,800 Speaker 3: from here on out. 412 00:25:10,359 --> 00:25:11,680 Speaker 2: We know what impact with this hat. 413 00:25:11,760 --> 00:25:15,720 Speaker 1: Let's assume that you know Mitch is renting, and this 414 00:25:15,920 --> 00:25:20,600 Speaker 1: passes and he and he has new tenants coming in 415 00:25:21,440 --> 00:25:25,720 Speaker 1: did the new tenants? Is he also constrained from raising 416 00:25:25,760 --> 00:25:27,800 Speaker 1: the rent for some new tenants who come in? 417 00:25:28,920 --> 00:25:31,960 Speaker 3: That is a great question. Yes he is, Yes, he is. 418 00:25:32,440 --> 00:25:35,040 Speaker 3: Under you know those other states that I talked about earlier, 419 00:25:35,080 --> 00:25:38,320 Speaker 3: at California, Washington, Oregon, they allow you to reset the 420 00:25:38,320 --> 00:25:41,760 Speaker 3: rents to market rate when there's a vacancy. In Massachusetts 421 00:25:42,080 --> 00:25:44,439 Speaker 3: or in Boston. Rather, the first time we had rent controlled, 422 00:25:45,080 --> 00:25:48,320 Speaker 3: Mayor Kevin White changed it so that we could so 423 00:25:48,359 --> 00:25:52,840 Speaker 3: he can reset vacant rents to market rate. This proposal 424 00:25:53,000 --> 00:25:57,560 Speaker 3: very specifically does not it controls vacancies. So give you 425 00:25:57,560 --> 00:26:00,320 Speaker 3: another example. Let's say that Mitch has had a you know, 426 00:26:00,400 --> 00:26:02,520 Speaker 3: an elderly person living in one of his units for 427 00:26:02,600 --> 00:26:05,040 Speaker 3: twenty years and it's a good tenant, and so he 428 00:26:05,119 --> 00:26:08,040 Speaker 3: keeps the rent low. He will never be able to 429 00:26:08,040 --> 00:26:12,440 Speaker 3: get that unit back up to market rate if this passes, if. 430 00:26:12,280 --> 00:26:15,640 Speaker 5: That tenant, even if the tenant moves out. 431 00:26:16,720 --> 00:26:20,159 Speaker 1: Correct, Yeah, he's What he's saying is that the statute 432 00:26:20,200 --> 00:26:24,600 Speaker 1: has currently proposed will freeze your rent as to what 433 00:26:24,720 --> 00:26:27,600 Speaker 1: it was as what was just say January thirtieth, a 434 00:26:27,600 --> 00:26:30,040 Speaker 1: week or four, four or five days ago if this 435 00:26:30,119 --> 00:26:33,240 Speaker 1: were to pass, so you would not be able to, 436 00:26:33,640 --> 00:26:35,960 Speaker 1: you know, raise the rent. 437 00:26:37,560 --> 00:26:38,400 Speaker 2: In fact, it will. 438 00:26:38,440 --> 00:26:41,600 Speaker 1: It will be retroactive, as I think what you're saying 439 00:26:41,600 --> 00:26:46,920 Speaker 1: connor retro actually even on new renters. So if somebody 440 00:26:47,119 --> 00:26:51,640 Speaker 1: had moved out the interim and you tried to raise 441 00:26:51,680 --> 00:26:56,040 Speaker 1: the rent, what happens if someone moves out after January thirtieth, 442 00:26:56,080 --> 00:27:00,600 Speaker 1: but before the initiative his vote. 443 00:27:00,080 --> 00:27:07,439 Speaker 3: It only changes if the unit is currently vacant and 444 00:27:07,480 --> 00:27:10,439 Speaker 3: has been vacant for more than five years, or it 445 00:27:10,440 --> 00:27:15,639 Speaker 3: has never been occupied. Those And you know, as long 446 00:27:15,680 --> 00:27:18,480 Speaker 3: as we're talking about Cape cod, one of the provisions 447 00:27:18,520 --> 00:27:21,400 Speaker 3: we didn't talk about is that there is an exemption 448 00:27:21,560 --> 00:27:25,360 Speaker 3: in this pill for short term rentals only of less 449 00:27:25,400 --> 00:27:28,440 Speaker 3: than two weeks. So I know plenty of people who 450 00:27:28,520 --> 00:27:31,040 Speaker 3: own property on the Cape and they airbnb it during 451 00:27:31,040 --> 00:27:34,320 Speaker 3: the summertime for a week or two, but then in 452 00:27:34,359 --> 00:27:37,480 Speaker 3: the off season, right they rented out to teachers or 453 00:27:37,520 --> 00:27:41,080 Speaker 3: firefighters or seasonal employees who need a place to live 454 00:27:41,080 --> 00:27:44,840 Speaker 3: in the off season. Well, under this proposal, once you 455 00:27:44,920 --> 00:27:47,920 Speaker 3: do that, and you have a place that rents for 456 00:27:47,960 --> 00:27:50,159 Speaker 3: fourteen days or more, even if you generally use it 457 00:27:50,160 --> 00:27:52,600 Speaker 3: for a short term rental, you will be subject to 458 00:27:52,720 --> 00:27:55,120 Speaker 3: rent control going forward, and so it would also cap 459 00:27:55,160 --> 00:27:57,480 Speaker 3: what you're able to charge on those short term rentals 460 00:27:58,080 --> 00:27:59,840 Speaker 3: the first time you cross that threshold. 461 00:28:00,040 --> 00:28:04,160 Speaker 1: Boy, I hope people understand this, this proposal and understand 462 00:28:04,160 --> 00:28:07,000 Speaker 1: it fully, that's for sure. Well, Mitch, I wish you 463 00:28:07,119 --> 00:28:11,080 Speaker 1: best of luck. Thank you for what you've done, someone 464 00:28:11,280 --> 00:28:15,919 Speaker 1: who's provided housing for people on Cape Cod, which is important. 465 00:28:17,000 --> 00:28:20,240 Speaker 1: But if this passes, it's it's going to put you 466 00:28:20,280 --> 00:28:23,040 Speaker 1: in a between a rock and a high place. Literally. 467 00:28:24,320 --> 00:28:26,639 Speaker 5: Oh, you're a million percent right, and I thank you 468 00:28:26,800 --> 00:28:30,240 Speaker 5: very much and I'm with you Connor and Dan one thousand. 469 00:28:31,000 --> 00:28:33,960 Speaker 1: So the question is, how can Connor, how can Mitch 470 00:28:34,040 --> 00:28:37,480 Speaker 1: and people who are in his situation get in touch 471 00:28:37,640 --> 00:28:41,000 Speaker 1: with you and perhaps lend their support to your efforts 472 00:28:41,040 --> 00:28:44,520 Speaker 1: either you know, yes on this on the streets of 473 00:28:44,800 --> 00:28:47,680 Speaker 1: the mean streets of Cape Cod or or make a donation. 474 00:28:47,880 --> 00:28:49,320 Speaker 2: What's the what's the website? 475 00:28:50,160 --> 00:28:53,680 Speaker 3: Housingfromass dot com is our website and you can sign 476 00:28:53,800 --> 00:28:56,400 Speaker 3: up to get our updates, to join the campaign so 477 00:28:56,440 --> 00:28:59,880 Speaker 3: we can share event information and you know, eventually all 478 00:29:00,040 --> 00:29:02,080 Speaker 3: say we'll be doing signs and door knocking and all 479 00:29:02,120 --> 00:29:04,880 Speaker 3: the things go along with a campaign. So it's housingfore 480 00:29:04,960 --> 00:29:08,200 Speaker 3: maass dot com. 481 00:29:07,000 --> 00:29:08,280 Speaker 5: And that is you very much. 482 00:29:08,400 --> 00:29:09,640 Speaker 2: That is the preposition. 483 00:29:09,800 --> 00:29:15,120 Speaker 1: Sometimes they use the numeral Ford's the prepositions dot com. 484 00:29:15,160 --> 00:29:17,840 Speaker 1: All right, hey Mitch, appreciate you, Carl, thank you very much, 485 00:29:17,880 --> 00:29:18,320 Speaker 1: best of. 486 00:29:18,320 --> 00:29:21,480 Speaker 5: Luck, Thank you very much, Conor, thank you, Dan. 487 00:29:21,680 --> 00:29:22,240 Speaker 2: You're welcome. 488 00:29:22,560 --> 00:29:25,320 Speaker 1: Six one seven, two, five, four ten thirty six one seven, 489 00:29:25,440 --> 00:29:28,400 Speaker 1: nine three one ten thirty. My guest is Connor Unitsy 490 00:29:28,520 --> 00:29:32,320 Speaker 1: is the chairman of Housing from Massachusetts. The website Housingfromass 491 00:29:32,320 --> 00:29:33,040 Speaker 1: dot com. 492 00:29:33,560 --> 00:29:33,640 Speaker 3: Uh. 493 00:29:33,920 --> 00:29:35,920 Speaker 1: I know that some of you are saying why we're 494 00:29:35,960 --> 00:29:38,520 Speaker 1: talking about in a ballot question that won't be on 495 00:29:38,960 --> 00:29:42,440 Speaker 1: the ballot until November. The reason is, I think it's 496 00:29:42,480 --> 00:29:45,640 Speaker 1: important for people to realize that, uh, this is a 497 00:29:45,760 --> 00:29:48,240 Speaker 1: train coming down the tracks and it will be one 498 00:29:48,280 --> 00:29:51,280 Speaker 1: that people will have to consider, and I think it's 499 00:29:51,320 --> 00:29:53,760 Speaker 1: better to talk about it in advance and lay some 500 00:29:53,880 --> 00:29:57,600 Speaker 1: foundational understanding for people so that as time goes on, 501 00:29:58,160 --> 00:30:01,800 Speaker 1: they will be able to make why decisions however they vote. 502 00:30:01,960 --> 00:30:04,040 Speaker 1: And if you disagree with Connor and you'd like to 503 00:30:04,080 --> 00:30:07,360 Speaker 1: make the the opposite argument, that's fine, And if you 504 00:30:07,360 --> 00:30:10,960 Speaker 1: want to support them, you're more than welcome six one, seven, two, five, four, 505 00:30:11,120 --> 00:30:13,920 Speaker 1: ten thirty six one seven, nine three one, ten thirty. 506 00:30:13,920 --> 00:30:16,080 Speaker 2: We're coming right back on Nightside. 507 00:30:16,720 --> 00:30:20,960 Speaker 1: It's Night Side with Dan Ray on WBZ Boston's news 508 00:30:21,040 --> 00:30:22,960 Speaker 1: radio Groll. All of a sudden, the phones have lit up. 509 00:30:23,040 --> 00:30:25,200 Speaker 1: Let me go to Heidi in Lowell. Heidi, you were 510 00:30:25,240 --> 00:30:28,320 Speaker 1: on with Connor Units. He's the chair of housing from Massachusetts. 511 00:30:28,400 --> 00:30:33,440 Speaker 1: They are opposed to the rent control initiative. What's your thought? 512 00:30:33,520 --> 00:30:35,920 Speaker 1: What's your question? Are your comic? Go right ahead, Heidi. 513 00:30:38,440 --> 00:30:43,760 Speaker 6: Hei, Yeah, I was just calling. I want to say 514 00:30:43,800 --> 00:30:46,920 Speaker 6: that I rent in Lowell. I rent from a property 515 00:30:46,960 --> 00:30:51,920 Speaker 6: group right now her my lease. They can only raise 516 00:30:51,960 --> 00:30:55,440 Speaker 6: the rent six percent every year. That I've got to say, 517 00:30:55,480 --> 00:30:59,800 Speaker 6: since I moved here in twenty fifteen from one of 518 00:30:59,800 --> 00:31:06,600 Speaker 6: my rent was one and seventy five, I'm now paying 519 00:31:06,800 --> 00:31:10,800 Speaker 6: almost twenty four hundred dollars in rents. 520 00:31:10,920 --> 00:31:13,560 Speaker 1: So that was over how many years twenty fifteen? Did 521 00:31:13,600 --> 00:31:17,160 Speaker 1: you say to that? Yeah, over ten years and so 522 00:31:17,640 --> 00:31:21,400 Speaker 1: six percent. Yeah, that sounds at six percent. What do 523 00:31:21,480 --> 00:31:23,560 Speaker 1: you say to to Heidi Connor? 524 00:31:23,840 --> 00:31:25,240 Speaker 2: Obviously that's a big jump. 525 00:31:26,720 --> 00:31:30,040 Speaker 3: Absolutely, and as I said at the start, we recognize 526 00:31:30,080 --> 00:31:34,680 Speaker 3: there isn't affordability issue in Massachusetts a crisis, and the 527 00:31:34,720 --> 00:31:37,160 Speaker 3: best way that we can address that is to create 528 00:31:37,200 --> 00:31:40,240 Speaker 3: more housing. When you look at Austin, Texas, rents are 529 00:31:40,280 --> 00:31:43,520 Speaker 3: down six percent year over year. In Phoenix, Arizona, rents 530 00:31:43,560 --> 00:31:46,040 Speaker 3: are down four percent year over year because they have 531 00:31:46,120 --> 00:31:50,600 Speaker 3: built so much supply that they have more more available 532 00:31:50,680 --> 00:31:53,520 Speaker 3: units than they have folks in Those are two states, 533 00:31:53,560 --> 00:31:56,960 Speaker 3: in two cities that are growing exponentially. Right. The problem 534 00:31:57,000 --> 00:31:59,800 Speaker 3: we have in Massachusetts is we have lagged far behind 535 00:31:59,840 --> 00:32:03,120 Speaker 3: in creating new homes and we need to do a 536 00:32:03,120 --> 00:32:06,560 Speaker 3: better job. And that's why our coalition and other groups 537 00:32:06,920 --> 00:32:09,200 Speaker 3: that we have been talking to, and the chambers and 538 00:32:09,240 --> 00:32:12,080 Speaker 3: the mayors are all working to grow the housing supply 539 00:32:12,120 --> 00:32:14,480 Speaker 3: in Massachusetts and that will ultimately help us to bring 540 00:32:14,520 --> 00:32:15,160 Speaker 3: rents down. 541 00:32:16,640 --> 00:32:19,160 Speaker 6: The problem with that is Number one, where are we 542 00:32:19,200 --> 00:32:23,000 Speaker 6: going to have the space or the infrastructure to build 543 00:32:23,200 --> 00:32:27,320 Speaker 6: this new housing. Number Two, I've heard that the problem 544 00:32:27,360 --> 00:32:32,600 Speaker 6: of construction is they know how to make very cheap 545 00:32:32,640 --> 00:32:38,440 Speaker 6: places or very very expensive places, but moderate income housing 546 00:32:39,040 --> 00:32:42,880 Speaker 6: is very, very difficult to construct. And then we have 547 00:32:43,120 --> 00:32:49,240 Speaker 6: all these huge buildings with all these crazy amounts of 548 00:32:49,280 --> 00:32:53,120 Speaker 6: rent in Boston and they stay empty. So that they 549 00:32:53,160 --> 00:32:55,280 Speaker 6: can take it out of their taxes. As long as 550 00:32:55,320 --> 00:33:01,080 Speaker 6: nobody's renting them, then whoever owns them gets to take 551 00:33:01,120 --> 00:33:06,200 Speaker 6: that off their taxes. So how do we solve those problems? 552 00:33:07,080 --> 00:33:10,480 Speaker 3: On the first point, You're actually right. Massachusetts, in particularly 553 00:33:10,560 --> 00:33:14,880 Speaker 3: Greater Boston, is extremely expensive to build, and that's why 554 00:33:15,360 --> 00:33:19,080 Speaker 3: the governor and others have been working on revising proposals 555 00:33:19,080 --> 00:33:21,720 Speaker 3: and streamlining and trying to speed up permitting to bring 556 00:33:21,760 --> 00:33:25,400 Speaker 3: the cost down. It's one tool in the toolbox. I 557 00:33:26,200 --> 00:33:29,040 Speaker 3: can't speak with any authority to the text issue. That's 558 00:33:29,160 --> 00:33:33,800 Speaker 3: not my understanding of how it works. And I can 559 00:33:33,880 --> 00:33:35,880 Speaker 3: tell you that all the property owners and developers that 560 00:33:35,920 --> 00:33:38,680 Speaker 3: I've spoken to would much rather have a full building 561 00:33:38,720 --> 00:33:39,480 Speaker 3: than an empty one. 562 00:33:39,720 --> 00:33:42,680 Speaker 1: Yeah, Heidi, great questions. I got a bunch of folks. 563 00:33:42,720 --> 00:33:44,320 Speaker 1: I'm going to try to get at least one more 564 00:33:44,480 --> 00:33:47,120 Speaker 1: in here before we have to finish up for the night. 565 00:33:47,200 --> 00:33:49,480 Speaker 1: But we will deal with this issue, I promise you 566 00:33:49,520 --> 00:33:52,000 Speaker 1: in the weeks and months ahead. So thank you very much. 567 00:33:52,080 --> 00:33:54,920 Speaker 1: Keep adding your voice to the conversation. Thank you, great question. 568 00:33:54,920 --> 00:33:57,560 Speaker 1: Sorry Emily and Wilburn. Emily, We're going to get you 569 00:33:57,600 --> 00:33:58,360 Speaker 1: in under the wire. 570 00:33:58,440 --> 00:34:00,720 Speaker 2: Hu go right, ahead. You're all with, thank you, Yes, 571 00:34:00,840 --> 00:34:02,080 Speaker 2: go ahead, go ahead. 572 00:34:02,400 --> 00:34:10,279 Speaker 7: A two part question, Uh, how does the this new initiative, 573 00:34:10,719 --> 00:34:14,840 Speaker 7: how will this affect Uh, the new owner of a property, 574 00:34:15,280 --> 00:34:21,560 Speaker 7: that is, the buyer who purchases a a rental property 575 00:34:22,320 --> 00:34:24,200 Speaker 7: that is under lease. 576 00:34:24,880 --> 00:34:28,640 Speaker 1: So that's what Yeah, I would assume the limitation would 577 00:34:28,680 --> 00:34:30,719 Speaker 1: go with the with the property and correct with the 578 00:34:30,760 --> 00:34:31,160 Speaker 1: new buyer. 579 00:34:31,239 --> 00:34:35,640 Speaker 7: Okay, if the buyer buys it and there is no tenant, 580 00:34:36,520 --> 00:34:45,560 Speaker 7: is that buyer obligated to only increase the rent based 581 00:34:45,600 --> 00:34:49,399 Speaker 7: on what the former owner was renting it for? 582 00:34:51,320 --> 00:34:54,359 Speaker 3: If the if the unit has been vacant for more 583 00:34:54,400 --> 00:34:58,040 Speaker 3: than five years or it has never been occupied, then 584 00:34:58,440 --> 00:35:01,719 Speaker 3: it can be set at whatever rent. If if there 585 00:35:01,800 --> 00:35:03,800 Speaker 3: was a previous tenant, doesn't matter. If there was a 586 00:35:03,880 --> 00:35:07,200 Speaker 3: change of ownership of the building, uh within five years, 587 00:35:07,239 --> 00:35:08,720 Speaker 3: then then the law would apply. 588 00:35:10,000 --> 00:35:13,279 Speaker 7: Emily, great question, that's gonna that's going to affect the 589 00:35:13,360 --> 00:35:15,600 Speaker 7: values of rental property. 590 00:35:16,040 --> 00:35:19,400 Speaker 1: Yeah, for sure, absolutely All right, Emily, thank you for 591 00:35:19,480 --> 00:35:22,360 Speaker 1: your questions. Uh, we're just flat out of time. I 592 00:35:22,360 --> 00:35:24,239 Speaker 1: wish all of you would called a little early. We 593 00:35:24,239 --> 00:35:26,640 Speaker 1: could have got more more questions for Connor. But that's 594 00:35:26,640 --> 00:35:27,880 Speaker 1: okay because well. 595 00:35:27,760 --> 00:35:29,640 Speaker 7: Thank you for answering my questions. 596 00:35:29,920 --> 00:35:31,160 Speaker 1: Thank you, you're welcome. 597 00:35:31,800 --> 00:35:34,880 Speaker 2: Connor, great job. I think we've got the conversation started. 598 00:35:34,920 --> 00:35:36,600 Speaker 1: We'll try to get the other point of view on 599 00:35:36,719 --> 00:35:39,960 Speaker 1: some night and give people an opportunity to cross examine. 600 00:35:39,560 --> 00:35:40,480 Speaker 2: Them as well. 601 00:35:40,840 --> 00:35:44,880 Speaker 1: UH, and thank you so much for being with us tonight. 602 00:35:45,200 --> 00:35:48,200 Speaker 1: And let's keep this conversation going because they think the 603 00:35:48,280 --> 00:35:52,279 Speaker 1: more people know about this issue, the better informed we 604 00:35:52,400 --> 00:35:55,120 Speaker 1: will become November as a voting public. 605 00:35:55,239 --> 00:35:56,399 Speaker 2: So thanks very much. 606 00:35:56,560 --> 00:35:58,360 Speaker 3: Agree more Dan, Great. 607 00:35:58,480 --> 00:36:00,560 Speaker 2: Yeah, great job tonight, Connor, thanks, thank you so much. 608 00:36:01,280 --> 00:36:04,360 Speaker 1: Well, Okay, for those of you in the line, Unfortunately, 609 00:36:04,800 --> 00:36:07,160 Speaker 1: fortunately we're going to change topics. 610 00:36:07,200 --> 00:36:08,759 Speaker 2: I have a guest coming up on a. 611 00:36:08,760 --> 00:36:14,200 Speaker 1: Very different issue, which is the UH issue to lower 612 00:36:14,280 --> 00:36:18,760 Speaker 1: the state income tax rate US that's going to be 613 00:36:18,840 --> 00:36:23,160 Speaker 1: potentially before us on next November. Feel free if you're 614 00:36:23,200 --> 00:36:25,160 Speaker 1: on the line and want to talk about that, stay there. 615 00:36:25,239 --> 00:36:28,120 Speaker 1: If not, we will be back right after the ten 616 00:36:28,120 --> 00:36:30,720 Speaker 1: o'clock news. I just wish you guys had called earlier. 617 00:36:30,719 --> 00:36:32,080 Speaker 1: I could have got Kristen fill in. 618 00:36:32,320 --> 00:36:32,960 Speaker 2: But stay there. 619 00:36:33,080 --> 00:36:35,439 Speaker 1: We'll get you in on the income tax issue coming 620 00:36:35,520 --> 00:36:36,239 Speaker 1: up on night side