2 ms·
Gotta say I always found this incredible. Rent control is so stupid that even it has to put rules on not being used. Who is being harmed by a rent-controllee s
by conanbatt 9y ago
Gotta say I always found this incredible. Rent control is so stupid that even it has to put rules on not being used.
Who is being harmed by a rent-controllee sub-leasing? Literally no one. Because the harm to the owner is already made in the form of rent control.
- kcanini 9y ago> Who is being harmed by a rent-controllee sub-leasing? Literally no one. The owner is harmed, because otherwise they could have gotten a new tenant and raised the rent back up to market rate.
- conanbatt 9y agoOnly if the tenant leaved. If leaving loses the rent-control, the tenant will stay. The price is well below market rate, then they wouldnt even get roomates, harming the entire rental market on both ends: by removing profits from the owner and decreasing supply. If rent-control didn't have the restriction, then it wouldnt make a dent into rent prices, but it would clearly show that it is a mere transfer from the owner to the rent-controllee.