Developers Pause, Pull Out After St. Paul Passes Rent Control

St. Paul School District

Earlier this month, St. Paul voters chose 53%-47% to impose a 3% cap on rent increases per year.  Despite the rule not activating until May 22, developers already are pausing and pulling out of projects.

The cap is strict: it doesn’t account for inflation, small or large landlords, new or old buildings, “regardless of change of occupancy.” The goal is to obtain stable, affordable housing prices, but there are also wide-reaching unintended consequences.

Pre-election, Mayor Melvin Carter said he supported the initiative.

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Commentary: Paul Ryan Was an Ineffective Leader of the Republican Party

Paul Ryan

We aren’t actually governed by Paul Ryan, whose brief time as House Speaker ended in what can only be described as a surrender. Ryan bolted from the Speaker’s chair the minute the 2018 elections were over. He was happy to leave Congress to take a “cashing-in” job on the Fox Corporation board while his party took an electoral bath in those midterms he could blame on Donald Trump.

But as readers of The American Spectator know, in this space we’ve been exploring the premise that Americans are governed by people who suck. And Ryan put himself in that category even from outside the elective-office sphere this week when he offered up a tired and tiresome narrative about the future of the Republican Party.

What is it with these washed-up politicians, who are clearly the party’s past, demanding the GOP follow their instructions as to its future? Do we have to exhume the remains of Nelson Rockefeller and Thomas Dewey or conduct seances with them for guidance in how to defeat the 21st-century Left?

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