The two are among 15 city councilors who will have to decide whether to implement rent stabilization in Providence this year. An ordinance introduced last month would cap rent increases at 4 percent a year across the city, with many exceptions, including for newly constructed homes. More than half of the council’s members are either renters or landlords in the city. And their own experiences, and those of their neighbors, have helped shape their opinions.

Sanchez is in favor, and Vargas is opposed.

Nationwide, renters are underrepresented in government, according to a 2022 study by Boston University and the University of Georgia, which found the share of renters in local, state, and federal elected office ranges from 2 to 7 percent. The Providence City Council bucks the trend; 26 percent of its members are renters, including the council president. It’s still far below the estimated 60 percent of Providence residents who rent.

In January 2025, a Redfin report named Providence the least affordable city for renters, when comparing the median salary to average rents. Lawmakers across the country, from local officials to President Trump, have been grappling with the best way to making housing more affordable.

“I really have a hard time wrapping my head around how people are surviving out there right now,” said Sanchez, 27. Average salaries in Providence have not increased as much as rents. He said he makes around $50,000 a year, not nearly enough to afford the roughly $2,000 average monthly cost of a one-bedroom.

“We hear over and over about families that have called Providence home for decades being displaced,” he said. He blames large corporations that “look at our housing as just a profit margin.”

But the way Vargas sees it: “When government comes into your home, it’s a problem.” It’s expensive to manage a property, he said, and rent control would decimate what he sees as a path to prosperity in his community.

“We have an American dream — buy a house,” Vargas said. “We are shutting off this dream.”

Vargas, 55, may not be subject to rent control limits under the proposal, which would exempt owner-occupied properties of three units or less, and let those landlords exempt a second small home. But “what if I decide to buy another property?” he asked. “What if I decide to move? That house I live in now is going to fall into rent control.”

Hundreds of municipalities have rent control in the United States, though they are concentrated in relatively few states. Thirty states, including Massachusetts, ban the practice. Advocates in Massachusetts are seeking to put a question on November’s ballot to overturn the ban, which Governor Maura Healey opposes.

Over the next several months, a fierce debate will consume Providence City Hall over whether to pass the ordinance. Testimony from the public will be taken at a hearing on Feb. 18. A slim majority of eight councilors have said they support it so far, but leadership needs 10 to override an almost-certain veto from Mayor Brett Smiley. Of the other seven councilors, three are opposed and four have not yet taken a position.

There are four renters on the council — including Council President Rachel Miller, who spearheaded the proposal — and four landlords. The rest own single-family homes.

Smiley is also a landlord, in a three-family home on Hope Street where he lives in one unit with his husband, real estate agent Jim DeRentis, and rents out two units.

Smiley’s home would be exempt from rent control limits under the proposal. He argues the solution to bringing rents down is to build more housing, and has said he would veto the ordinance as it is written.

But not every landlord in City Hall is opposed. Councilors Juan Pichardo and Althea Graves each own two properties in the city, and are both sponsors of the ordinance.

“I am voting for this because I don’t want to lose another neighbor,” Graves said.

The carveouts written into the ordinance likely spare every landlord on the council from rent control except for Councilor Pedro Espinal, who owns five properties, too many to be exempt.

He told the Globe he charges very low rents to his longtime tenants — under $1,000 for two-bedroom units — based on their ability to pay. He said he hasn’t raised rents in years.

“But if this were going to be enacted, I would have to rethink that, because my base rents would be very low,” Espinal said. The proposal keeps the 4 percent limit in place even when the unit is vacated.

Espinal was the vice chair of the Housing Crisis Task Force, which last year recommended the city explore the possibility of rent stabilization. But he said he has “very serious concerns” about the legislation that was ultimately crafted.

“This really does not reduce rents,” Espinal said. “In my view, it guarantees that you will have a rent increase every year at 4 percent.”

Councilor Mary Kay Harris, who chaired that task force and is a longtime renter, said she supports the ordinance because something has to be done.

“Rent’s too damn high,” said Harris, who lives in South Providence. “It’s high for everybody. Everybody’s being priced out.”

Councilor John Goncalves, a renter in the Fox Point neighborhood, has not decided where he stands on rent control. He said he is studying how it works in other cities.

Councilors Jo-Ann Ryan, Shelley Peterson, and Ana Vargas, all homeowners, are also undecided.

Councilor James Taylor, another homeowner, is among those who oppose the ordinance.

Advocates on the council argue the carveouts in the ordinance address many of the opponents’ concerns. Newly constructed apartments would be exempt from rent control for 15 years, potentially addressing fears that housing production would slow down. Many small landlords who live in their properties will avoid rent control altogether. Plus, landlords would have an opportunity to ask a newly-created rent board for permission to raise rent above the cap, if they can prove that they need to do so to make a “fair return” on their property.

The sponsors said the goal is to target larger landlords most likely to hike rents.

“Providence used to be a city where everybody had a chance to thrive,” Graves said. “Now all we got to do is walk down any street and see that it’s no longer that.”

Steph Machado can be reached at steph.machado@globe.com. Follow her @StephMachado.