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U.S. Supreme Court declines to hear latest challenge to rent control – investxyon
Friday, April 19, 2024
Home Investment NewsReal Estate Investing U.S. Supreme Court declines to hear latest challenge to rent control

U.S. Supreme Court declines to hear latest challenge to rent control

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Apartment housing news reports The U.S. Supreme Court has refused to hear the latest challenge to the controversial rent control issue. MHN said the court appears willing to continue considering the key issues raised in the case. According to the report, in 1974, Pinehurst et al. It was claimed that it was in violation of. The case is similar to one the court refused to hear last year.

The plaintiffs argued that the New York City law is unconstitutional in that it prohibits owners from terminating leases at the end of fixed-term contracts “except for reasons beyond the owner’s control.”

“The constitutionality of regimes like New York City’s is an important and pressing issue,” Justice Clarence Thomas wrote in comments accompanying his decision to refuse to hear the appeal. He added: “In appropriate future cases, a ruling should be granted to address this important issue.”

However, Thomas said that in assessing the challenges to the city’s rent regulations, the court must consider whether a particular regulation “prevents the appellant from evicting the actual tenant for a particular reason”; “We need a clear understanding of how New York City’s regulations are aligned.” It would completely prohibit landlords from evicting tenants. โ€

Click here to read the full Multihousing News report.

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