NMHC Sees Growing Investor Resistance to Rent Control

NMHC Sees Growing Investor Resistance to Rent Control
News| January 23, 2026| Paul Bubny
Apartment Buildings

While apartment market conditions continue to ease nationwide, rent control remains a significant deterrent to apartment investment and development, according to a new survey by the National Multifamily Housing Council.

The survey found that 35% of respondents have cut back on investment or development in rent-regulated markets, 41% of respondents said they don’t operate in rent-regulated markets and wouldn’t consider doing so and 15% said they haven’t made changes yet but are considering doing so.

NMHC noted that this pullback is occurring despite clear signs of market moderation, underscoring concerns that rent regulations such as rent control risk discouraging new housing supply even as easing conditions suggest market forces are already working to ease affordability concerns.

The council asked about rent-regulated markets four years ago, and in comparison, “the 2026 findings suggest a growing pullback from regulated markets.” The total share of respondents to NMHC’s Quarterly Survey of Apartment Conditions who have altered investment or development decisions, or consider doing so, has increased from 73% in 2022 to 91% this year.

Other News

Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants

New York & Tri-State + Apartment Buildings

BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...

Learn more

80-Unit Seniors Housing Development Opens in Suburban Chicago

Chicago & Midwest

Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened.  Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...

Learn more

312-Unit Multifamily in Indiana Changes Hands

Chicago & Midwest + Apartment Buildings

Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up