EPS conducted a comprehensive evaluation of housing market conditions and rent stabilization policy alternatives for the City of Salinas. As housing affordability challenges intensified throughout the region, the City sought an objective analysis to better understand rental market dynamics and the potential impacts of regulatory options.
The study examined housing supply and demand trends, rent growth, tenant and landlord conditions, demographic characteristics, and comparable policy approaches implemented in other communities. EPS evaluated the potential economic and housing market effects of various rent stabilization and tenant protection frameworks.
The resulting analysis provided City leaders with data-driven insights to support informed policy decisions and help provide an additional tool to help balance housing stability, affordability, and long-term housing production objectives.
Project link: https://salinas.legistar.com/View.ashx?M=F&ID=13241713&GUID=4BEDE74E-8BC2-44EB-97EC-CF3D96423B90
