3 ms·

Let's ignore whether this is dystopian or evil for a minute. Assume that the land lord is right and that this will lower his expenses. I assume he's going to

Let's ignore whether this is dystopian or evil for a minute. Assume that the land lord is right and that this will lower his expenses. I assume he's going to pass that savings to his tenants or just use it to buy more properties?

antisthenes 8y ago
If this is NY, and the buildings are rent-stabilized, he could already be losing money on some apartments by charging below market if the mandated maximum rent increases did not keep up with the rents increases elsewhere in the city. So to answer your question - maybe? But most likely not. And it's not necessarily evil.
- everyone 8y ago
  The landlord is not "losing money" in that case.. merely just not profiting as much as otherwise.
AlexTWithBeard 8y ago
It's a rent stabilized apartment. The savings have been passed to the tenants even before something was actually saved.