So, the Saint Paul City Council appears to be rolling back its stupid, ruinous “rent control” ordinance…
…sort of.
But – only the buildings built after 2004?
I’m no expert, but this sounds to me like it’s a plan to:
- Make it impossible to pay the upkeep and taxes on older buildings, and so to
- Squeeze the owners out into selling cheap, so as to
- Build more multi-unit housing, which of course steers money to the non-profits that employ the St. Paul DFL’s farm club. Because they always get a taste. Always.
Saint Paul is basically Chicago on the Mississippi.
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