Of course everyone told you to get a rent controlled place. The government is mandating your landlord gives you money, so why not take it?
The point still stands that rent control is a terrible way to keep rent down, it causes a ton of problems.
The point still stands that rent control is a terrible way to keep rent down, it causes a ton of problems.
So arbitrary rent is a much better way to keep rent down? Come on...
And yes, if you’re living in a rent controlled place and paying $1000 per month when the same place is going for $3000, it’s virtually a cash transfer from the landlord to you every month.
That’s why you hear about massive ($100k+) buyouts in SF.
It's mind blowing how landlords forget that the reason the vast majority of them can afford to be a landlord is because they don't pay market rate property taxes.
These laws are not reducing rent, only slowing the increase yr/yr