3 ms·
Good landlords provide vital public service, and should be able to charge a slight premium as compensation. This is different than speculators who boot out ten
by kingkawn 7y ago
Good landlords provide vital public service, and should be able to charge a slight premium as compensation.
This is different than speculators who boot out tenants to take advantage of market swings.
- zelly 7y agoThere will be no incentive to be a good landlord when it legally can't net you more money than being a bad one. NYC made a law that banned landlords from doing more than some percentage worth of capital improvements. The result is nobody improves anything, and the buildings and living quality just gets worse for everybody.
- kingkawn 7y agoThat hasn’t been the result in nyc to date, and there were plenty of abusive, negligent landlords before. The only difference with the new laws is that tenants have enhanced legal rights to prevent that abuse.
- asdff 7y agoI'd love to find a good landlord! Out of the 5 I've had the pleasure of doing business with across 3 cities, they've all cut corners and done the bare minimum. There is zero incentive to raise the bar.