We have a Housing Emergency in Providence. Rent Stabilization Can Fix That - Morales

Today, Providence is the least affordable city in America for renters. While the median annual income in our city is just $62,000, you actually need to earn $86,000 to afford the median apartment here. And this is only getting worse. Since 2023, the cost of rent has skyrocketed by a staggering $318 per month, an unsustainable, out-of-control figure.