With Rent Control Looming, Investors Say It’s Hard To Bet On Boston
Real estate executives are scared that Massachusetts’ competitive edge is dulling.
Growing regulatory uncertainty, particularly with the rent control ballot measure coming up in November, is making it harder for investors to set long-term plans in Boston and across the state.
Large investors said Thursday at Bisnow’s Boston Capital Markets and CRE Finance Conference the possibility of rent control, coupled with negative macroeconomic factors like high construction costs, is already creating a ripple effect across the multifamily sector.
