3 ms·
It shouldn't be that hard to enact some laws which make it really hard or unprofitable to be an absentee landlord. Perhaps rules requiring property owners to p
by Grishnakh 10y ago
It shouldn't be that hard to enact some laws which make it really hard or unprofitable to be an absentee landlord. Perhaps rules requiring property owners to personally show up for annual property inspections? An easy one would be rules preventing corporations from purchasing residential property (after it's been constructed and on the market; it's normal for corporations to own it initially during construction and first-sale). There should be some other sneaky ways that localities could throw up roadblocks to foreign investors and other absentee landlords, and use them to seize the property.
- monknomo 10y agoI read about a Seattle law where non-code compliant rentals are forbidden from raising their rent. That might help