What will Stop Tampa Bay’s Rising Rent?

Tampa Bay residents are feeling the pinch of record rent hikes and local officials are looking for solutions to slow it down. The problem is, they say there’s no one answer.

Some propose rent control. Others veer from that term but demand “rent stabilization” instead. Some want more development to add more housing. Others lost trust in affordable housing programs.

Tampa and St. Petersburg lawmakers are hunting for solutions that won’t get shut down by state officials. Tampa City Council will meet in February for a related workshop. The St. Petersburg City Council voted 6-1 in favor of exploring rent control and declaring a housing emergency earlier this month.

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