4 ms·
The problem is that, via rent control, she was given 20 years protection from reality evolving around her. That is the issue here. There would be much less sy
by brc 13y ago
The problem is that, via rent control, she was given 20 years protection from reality evolving around her. That is the issue here.
There would be much less sympathy for a tenant who moved into a place at below-market rent, and then the rent was adjusted to market. But because a feel-good policy has created a broken market, the day of reckoning eventually had to arrive.
In a city of housing shortages, giving a small minority special protection under the law is a very bad outcome. Too bad for those not under the umbrella, too bad for those when the time comes and the umbrella is removed.