Colorado Rent Control Bill Stalls for the Year

Legislation that would have repealed a 1981 law and would have allowed local governments to implement rent control in their cities has stalled and is likely dead for the year.  A victory for landlords; however, Senate Bill 225 was aimed at letting municipalities have the ability to make their own rules about rent stabilization.  And with the average apartment cost almost doubling the rate of salary increases from 2012-2017, proponents are hoping to bring this issue back to life in the future to provide Coloradans more affordable housing options. The story is featured in The Denver Post and Costar News; a leading commercial real estate company.