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Rauner, Pritzker Take Different Sides on Rent Control Issue

The outcome of the Illinois governor’s race has strong implications for apartment developers and owners in Chicago, and elsewhere in the state. That’s because incumbent Gov. Bruce Rauner and the Democratic contender, J.B. Pritzker, have differing views on the question of whether Illinois municipalities should be able to impose rent control.

Rauner has said he wouldn’t make any changes to the current law, which prohibits communities from adopting across-the-board limits on apartment rents. Although referenda endorsing rent control have been put on the ballots in a few Chicago wards, they won’t be binding if Rauner wins re-election.

However, Pritzker said in a statement that he supports repealing the statewide ban on rent control. “We should empower local elected officials and stakeholders to address their community’s housing needs, ensuring every Illinois family has access to affordable housing and the opportunity to build a better life,” said Pritzker.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).