Sounds like the risk is negligible, and kids will be denied the opportunity to play with this stuff.
Win for the lawyers
1,290 karma · joined April 23, 2019
Win for the lawyers
Kind of a shame, as lots of people basically just want a room to sleep in and a place to sit
Cobol also has goto statementsv and unions, which lend themselves to really hard to follow code.
SGPs have margins that would make options traders blush and were sold to people with no financial sophistication whatsoever. These things turn your phone into a vampire, and have no socially redeeming value. Please ban them!
This drives up the cost of providing a service for a population that doesn't have much money to begin with. It is ostensibly safer, but that value has not been quantified. On the margin, it will encourage kids to take less safe forms of transit (e.g. drunk friend) due to higher costs and reduced availability.
1) Free market apartments: with tenants not having to pay broker fees up front, LLs can and will come up with workarounds. E.g. 'move-in-fee' of 5k or a 'move-out' fee. They will be able to charge more, especially on renewal leases.
2) Rent regulated apartments: LLs can't play those games, but they can say 'only available if you hire such and such a broker', or they might only list the apartments on a website that operates on a subscription basis where they get a cut somehow. Or, at the margins, this is a significant cost for money-losing units, so they might just add those units to the list of units permanently off the market.
I do expect brokerage fees to decline somewhat, and this may affect pricing for streeteasy and zillow and the other advertising portals, but this is not going to be a huge change, and is going to hurt a bunch of low-income tenants.