4 ms·
Combine it with laws that protect a decent standard for apartments and make it much harder to kick tenants out without a good reason. I.e. enforce basic tenant
by boomlinde 7y ago
Combine it with laws that protect a decent standard for apartments and make it much harder to kick tenants out without a good reason.
I.e. enforce basic tenants' protection instead of worrying about what incentives landlords have. It shouldn't matter whether the landlord wants to take a unit off the market if the tenants aren't willing or can't move. Then it lies on the landlord to create an incentive for tenants to move out, for example by extracting less rent from uncontrolled units to make them more affordable.
Another good idea is for tenants to unionize and share the legal costs of e.g. questioning the legitimacy of a lease termination or challenging sub-standard living conditions.
- gamblor956 7y agoYou've literally just described LAs renters protections and tenants rights organisations in a nutshell...
- boomlinde 7y agoMaybe, but the effect has to be considered together with the proposed "hybrid approach" to rent control. Los Angeles rent stability ordinance (which lately caps rent increases at 4% since this year) only affects apartments built before the 80s, and rents are on average up 6% since last year. Using a moving free market window and a lower cap may have a different effect.