Cuomo Signs 'Historic' Rent Regulation Reforms Into Law

North of Death

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In a more enlightened future hopefully you are one of the first ones the future Mao executes. :heh:

The problem is there's a bunch of mini Sterlings and Trumps out there that need reeled in.
Im not against reeling in the Sterlings and the Trumps of real estate...What I am against is government regulation that may hurt the small time landlord that are just responding to the real estate market as it pertains to setting rent prices..Then again id never live in New York so maybe im just not understanding how it is up there with scummy landlords. Ill keep building my empire down south where its cheap and feasible.
 

MMS

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Banks and Appraisers set the values of those mortgages :manny: landlords just charge tenants more than the mortgage

then plan to increase prices incrementally with the market

only way to change rent price with the current system is at the beginning where land costs are valued

the SMART play is leaving NYC and the tri-state area. There is no way in blue hell they are going to devalue property at scale. The only way that will happen is if what I said happens en masse.
 
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a sanctuary city that caters to developers while having an affordable housing and living problem?
...talk about having conflicting and misaligned priorities :mjlol:
 
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