A victory for landlords in the rent control fight

HB0255 defeated

A number of sources, including Capital Fax, are beginning to report that Rep. Will Guzzardi’s HB0255 intending to repeal the ban on rent control has been defeated in committee.  Other bills remain in both the House and the Senate but this is a major victory for landlords in Illinois.  Landlords need to remain steadfast in their opposition to rent control, an idea that has failed everywhere it has been implemented and roundly criticized by economists.

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