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Reducing our carbon footprint has become easier for some as families bundle together and singles acquire roommates to make ends meet. As rents stabilize in most areas, the question arises if living ’smaller’ will be a lasting trend.
Given that we are currently living through the Great Recession, some might think that mandating a 0% increase in rents would be justified, but I’m not so sure. In fact, I am absolutely certain that decreeing a 0% rental increase will ensure a lower tax base, delay necessary retrofitting, decrease a neighborhood’s sustainability and limit the population’s mobility.
