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Re: Laws Laws Laws

Posted by GP38/R42 Chris on Tue Jan 4 21:17:46 2011, in response to Re: Laws Laws Laws, posted by SelkirkTMO on Tue Jan 4 20:26:27 2011.

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I'll just leave it at "rent control" is largely gone,

Rent Control was replaced with Rent Stabilization, so yes, Rent CONTROL is gone, but rent regulation is FAR from gone.

"decontrol" is also vanishing as well except in old building already paid off where the main cost now is maintenance and taxes.


?????? It goes with the building, not the landlord. Someone that bought the "old" building "yesterday" usually hasn't "paid off where now the only cost is maintenance and taxes". New owner has a mortgage, so don't know where that comes from.

Somewhere, somehow something has to be done to allow for places for low income people to live or you have what's happening in NYC and a lot of other places, an ever increasing shortage of low wage workers.


Subsidies for low income people should be provided by the government, not private individuals owning a building.



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