With housing affordability an ever-increasing challenge across Colorado, rent control has come up in discussions. This is evidenced by this year’s proposal at the state legislature. Have you researched the topic of rent control? If so, do you think that it is something that makes sense for Boulder?
JOAN PECK:
No, I do not support rent control as the only method of stabilizing the rental market. However, it would depend upon how the bill is written. Even if a renter could afford the rent, sometimes the landlord of a single property or manager of a complex wants a damage deposit and the last month’s rent from a prospective customer. That becomes a barrier to renters. In my opinion, as a former owner of two rentals, a license to rent a property as a home was a huge help in holding renters to maintaining the property which allowed us to keep the rents reasonable.