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Appreciate the engagement with the idea, but you’re missing the mechanics of all this. There are a few scenarios: - landlord rents to belfuscian because that’
by mattzito 4y ago
Appreciate the engagement with the idea, but you’re missing the mechanics of all this.
There are a few scenarios:
- landlord rents to belfuscian because that’s the market. Then a Lilliputian makes a popular tv show that depicts the neighborhood as cool and affordable. Landlord starts getting interest, so they force out the belfuscian so they can get the Lilliputians.
- landlord just wants to run a building and make a living. They get an offer too good to pass up and sell the building. New owner plans to make the money back by forcing our existing tenants and jacking the rent.
- the tenant believes that they have a right to an apartment without roaches and mice. The landlord feels like that’s not reasonable because it’s NYC, and there are roaches and mice. The landlord decides to get rid of these tenants and hope to raise the rent.
And yes, sure, there are bad tenants who landlords want to kick out. But let’s talk about who is more likely to end up in a bad situation- the low income tenant trying to get by, or the landlord who owns a building they want to maximize revenue from?
- hedora 4y agoThat makes sense. I forgot that tenants typically come with the building when they change hands in NYC. Around here, most bigger buildings are corporate-owned (equally good or terrible to all), or small enough where loopholes allow everyone to be evicted at sale.