Tampa mayor: Rent control measures not the solution, could drive away developers

Mayor Jane Castor says city needs the inventory to ease rent hike at unveiling of housing assistance program for renters

FILE: Mayor Jane Castor says city needs the inventory to ease rent hike at unveiling of housing assistance program for renters.
FILE: Mayor Jane Castor says city needs the inventory to ease rent hike at unveiling of housing assistance program for renters.
  • Tampa Bay-Lakeland
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TAMPA — Despite skyrocketing rents in the city, Tampa Mayor Jane Castor says capping rents or putting in rent stabilization measures will only worsen the problem by driving out developers, sending them to friendlier locales and depriving the city of what it needs most: more inventory.

 

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