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I'd counter, if you don’t want to play fair with rent control laws, don’t be in the landlord business.
by Eric_WVGG 8y ago
I'd counter, if you don’t want to play fair with rent control laws, don’t be in the landlord business.
- closeparen 8y agoSomeone going into the landlord business is a renter’s only hope of having a place to live.
- Eric_WVGG 8y agoI don’t understand this rejoinder. Are you suggesting that it’s impossible to be a responsible and law-abiding landlord? This city is full of landlords who got rich with the existing rent control system. It’s just preventing some of them from getting mega buck wild rich. So sad.
- closeparen 8y agoWhen you disincentivize something, you get less of it. Cities are also full of condo conversions and units left empty because their owners responded rationally to society’s cry of “if you don’t like it, don’t be a landlord.” Not all, obviously, but every unit suppresssed costs something, and those costs have to be weighed against the benefits of the regulation.