Ya' Cousin Cleon
OG COUCH CORNER HUSTLA
The Battle for rent control in Chicago
- Thread starter Ya' Cousin Cleon
- Start date
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- rent control
Secure Da Bag
Veteran
Rent control + UBI = 
the cac mamba
Veteran
still cant believe those retards in california voted against it 
Secure Da Bag
Veteran
still cant believe those retards in california voted against it
Seriously?
the cac mamba
Veteran
California's rent control initiative was crushed in the election. Don't expect the issue to go away
imagine being a RENTER...voting against RENT CONTROL
Secure Da Bag
Veteran
Well I'd expect people paying rent and feeling that the rent is too high wouldn't care about landlords and how they feel.
ill
Superstar
dora_da_destroyer
Master Baker
you don't know what you're talking about. CA local jurisdictions have rent control, we have some of the most tenant friendly laws in the damn country. this proposition would have basically allowed them to ratchet shyt up from 100 to 1000, hamstringing landlords even more than we already are...laws in the bay meant to stifle the greed of large landlords are making the lives of small (SFH, duplex, triplex, foruplex) owners unbearable. property owners needed to step up to stop the madness...CA laws go overboard.California's rent control initiative was crushed in the election. Don't expect the issue to go away
imagine being a RENTER...voting against RENT CONTROL
88m3
Fast Money & Foreign Objects
landlords have bills to pay too and if they don't renters won't have a home either... not a difficult concept
Secure Da Bag
Veteran
No law can differentiate small landlords from large landlords?
fourplex.... quadplex?
Ultimatums aside, if a renter feels that the rent is too high, then they're not gonna care.
dora_da_destroyer
Master Baker
you know when it comes to small landlords, this does nothing but make housing more expensive. instead of charging $2000 for a two bedroom to find flexible tenants (i give you a deal if you're not expecting the amenities of a professionally managed complex) i might as well charge the top of the market $2500 since i won't be able to adjust my discount to stay anywhere near in line with the market as long as you're my tenant.Don’t want any regulations hurting your profits, huh?
dora_da_destroyer
Master Baker
NoNo law can differentiate small landlords from large landlords?
fourplex.... quadplex?
Oakland Extends Rent Control Protections to Owner-Occupied Duplexes and Triplexes | Elke & Merchant LLP
being a small landlord out here is a joke, between crazy rent control laws and the near impossible eviction process (9-18 months is the norm) you can get fukked as simple owner occupied property owner, no incentive to add your units to the rental market
88m3
Fast Money & Foreign Objects
Don’t want any regulations hurting your profits, huh?
doesn't address the macro issues
Taxes and other costs costs go up for the landlord while the rent stays artificially low... it just doesn't work with private ownership.
If they want to try that charade with public buildings go for it but you're probably going to end up with a NYCHA situation.
88m3
Fast Money & Foreign Objects
You're really going to give the Boomers a run for the "fukk you, I got mine" generation titleholder.