Montgomery County officials announce rent cap, bringing relief to hundreds of thousands of residents

Montgomery, D.C., and Prince George's County have all passed legislation to cap rapidly rising rental prices in the region. This bill is a compromise between two council members, Natali Fani-Gonzalez and Will Jawando, and is a victory for tenants and landlords in Montgomery County. D.C. also passed temporary rent control guidelines limiting rent increases to 6 percent and 4 percent for seniors and those with disabilities. This bill passed unanimously, however, not everyone is happy with the legislation, with many property owners expressing that this will be a disincentive to investing in their properties.