The Supreme Court Could Eviscerate Rent Control ...Middle East

The housing market is not great right now. High prices and higher interest rates are squeezing out first-time homebuyers. Rents are jumping in big cities as leasing companies try to offset their losses in the commercial real-estate space. Americans hoping to find a better place to live are being asked to spend more and get less.A group of New York landlords is now asking the Supreme Court to make things easier for them and harder for their tenants. The cases in question, 74 Pinehurst LLC v. New York and 335-7 LLC v. City of New York, seek to overturn New York’s Rent Stabilization Law, or RSL. The law, which was originally passed in 1969, received a series of major amendments in 2019 that add

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