Rent to stay below rate of inflation if Orange County rent stabilization ordinance passes

Emily Bonilla Orange County Commissioner District 5
Orange County voters will decide on a rent stabilization ordinance in the November ballot, which aims to cap rent increases at the rate of inflation for one year for certain multifamily buildings. Commissioner Emily Bonilla sponsored the ordinance to help renters facing significant rent hikes. Opponents argue it won't solve the housing shortage and may be illegal under Florida law. The Florida Realtors and Apartment Association are appealing a judge's decision to allow the ordinance on the ballot. Supporters believe it's a necessary short-term solution, while opponents fear it could deter developers. The outcome may not be settled until after Election Day.
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