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Orlando Landlords Sue County Over Rent Cap Proposal
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:04:31
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Sinopsis
Orlando landlords are suing Orange County, Florida, to challenge a rent cap proposal that’s headed for the November ballot. Attorneys for two major real estate groups filed the lawsuit in mid-August and are seeking an injunction to keep it from going before voters. They say the proposal violates state law which bans rent control under most circumstances. 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. If the measure is approved, it would not apply to single-family rentals or vacation homes. It would only apply to multi-family units, and cap any rent increases to the rate of inflation as determined by the Consumer Price Index. The ordinance would last one year, and would need to be renewed by another vote to continue. But there’s a very high bar that the county must reach to get this approved. According to state law, a city or jurisdiction must prove there’s a housing emergency and that rent control would solve the problem before