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Sounds good, but just don't be surprised if this results in more expensive rents, and less affordable housing being built.
by zizee 4y ago
Sounds good, but just don't be surprised if this results in more expensive rents, and less affordable housing being built.
- eyelidlessness 4y agoThat’s exactly what the article author expected to do, they said they wanted to make their rental properties more expensive. No one’s installing anything in a rental unit out of the goodness of their heart. They’re literally seeking rent. At least they should be expected to keep up their end of the bargain.
- smileysteve 4y agothe "the house is burning down and firemen will die" discount, along with the "oops I dropped the hair dryer in the sink and died without ground faults" discount Or the "the microwave blew a fuse that killed my work computer, so I lost my job" discount the "the pilot light doesn't work well, so carbon monoxide" discount. The "stairwell is only loose here" discount, "the deck is fine for 2 people to stand in that corner" discount We should have higher standards for "investment" operations than 30 years out of safety standards
- Gigachad 4y agoNew built housing already has to comply with the latest codes. Having slightly higher rent is worth it for safety.
- zizee 4y agoPerhaps. But this stuff does raise the minimum amount it takes to build, which in turn makes developers less likely to invest in building affordable housing.