NYS looking to pass a “NO EVICTION EVER” bill laced with rent increase restrictions...

[Absolut]

The coli always loves to pretend rent control equates to letting someone not pay rent and just squat for life somewhere. Clown shyt

 

[charknicks]

The coli always loves to pretend rent control equates to letting someone not pay rent and just squat for life somewhere. Clown shyt

Yeah, people who talk about 'rent control' obviously dont owe stuff. Just in general, prices and cost of living go up yearly. In no way am I saying that landlords should be able to hike rent 15%/20% and up yearly, but 3% a year aint it if cost of owning goes up, and/or if the tenant isnt taking care of the property. Im speaking from current experience for a tenant I have right now.

This type of law will hurt landlords, and in turn will hurt renters, cause landlords will just start with even higher rent for new tenants to make up for the current trash tenants. Celebrate this potential law if you want to, but it will (as most laws) bite more people in the ass then help down the line.

 

[Absolut]

Yeah, people who talk about 'rent control' obviously dont owe stuff. Just in general, prices and cost of living go up yearly. In no way am I saying that landlords should be able to hike rent 15%/20% and up yearly, but 3% a year aint it if cost of owning goes up, and/or if the tenant isnt taking care of the property. Im speaking from current experience for a tenant I have right now.

This type of law will hurt landlords, and in turn will hurt renters, cause landlords will just start with even higher rent for new tenants to make up for the current trash tenants. Celebrate this potential law if you want to, but it will (as most laws) bite more people in the ass then help down the line.

No heat in buildings. And they will only rent to certain folks. Wonder who’s gonna be literally left out in the cold. Places like Cali and NY always take stuff to the extreme and make shyt even worse somehow in these types of bills. Can’t just be in the sensible middle with a compromise always take it way too far

 

[adexkola]

fukk em

Coli gonna act like black ownership isn't in the toilet

Rent control isn't about preventing people from owning their own homes. It's putting a cap on how much rent can be extracted by people lucky enough to buy more than 1 property.

 

[pawdalaw]

Me thinks NY is the testing ground for this and other states will follow suit. With the fed buying up properties they want to make it as complicated as possible for remaining landlords by increasing the risk to reward ratio.

If you are looking at real estate investment for your future explore what co-ops entail and you partner up with others where each investor/ resident has a stake in ownership.

 

[CouldntBeMeTho]

Rent control isn't about preventing people from owning their own homes. It's putting a cap on how much rent can be extracted by people lucky enough to buy more than 1 property.

No shyt jackass

 

[JNew]

The 20s are gonna be wild

 

[desjardins]

Needs to be a balance
When you get to the point you can’t get squatters out your house something is wrong

 

[adexkola]

No shyt jackass

So what does this have to do with black ownership? There's no correlation.

 

[⠀X ⠀]

This is why nobody wants to invest in NYC

 

[adexkola]

This is why nobody wants to invest in NYC

No one is a bit of an exaggeration. NYC will always attract investors.

 

[Dorian Breh]

Coli landlord dikk riders

 

[⠀X ⠀]

No one is a bit of an exaggeration. NYC will always attract investors.

True. I’m sure that some of the bigger investors don’t mind buying rentals in NYC, but most smaller investors will tell you that they avoid NY and other states where it’s hard to evict people. In other states, you can get people out of your property in under 2 weeks

 

[Charly Wingate]

Squatting >>>

 

[Wild self]

Charge only 15 to 20% of a persons monthly income on rent. Problem solved.