Is Rent Control Really Working?
Last week, Montgomery County declared "Mission Accomplished" on rent stabilization. But does the data back that up? In my new op-ed for Montgomery Perspective, I dig into the numbers—and what I found tells a different story:
According to data from CoStar and the Montgomery County Economic Development Corporation (MCEDC), the average rent in Montgomery County since 2024 increased between 1.4% and 2.1%. Not bad—the historical average for Montgomery County is about 2.2%; however, the average rent in Rockville has actually decreased over the last 12 months by 1.4%, and rents in Gaithersburg are also down over the last 12 months, by 0.8%.
Read the full piece here.