 Rent Control Congress (by WMH [NC]) May 13, 2025 12:45 PM
 Rent Control Congress (by S i d [MO]) May 13, 2025 2:37 PM
Rent Control Congress (by 6x6 [TN]) May 13, 2025 2:56 PM
Rent Control Congress (by Ken [NY]) May 13, 2025 2:57 PM
Rent Control Congress (by WMH [NC]) May 13, 2025 3:14 PM
Rent Control Congress (by Ray-N-Pa [PA]) May 13, 2025 4:44 PM
Rent Control Congress (by NE [PA]) May 13, 2025 4:48 PM
Rent Control Congress (by DJ [VA]) May 13, 2025 6:36 PM
Rent Control Congress (by Robert,OntarioCanada [ON]) May 13, 2025 6:48 PM
Rent Control Congress (by JS [CA]) May 13, 2025 9:43 PM
Rent Control Congress (by mapleaf18 [NY]) May 14, 2025 7:40 AM
Rent Control Congress (by JS [CA]) May 14, 2025 9:51 AM
Rent Control Congress (by Mapleaf18 [NY]) May 14, 2025 12:10 PM
Click here to reply to this discussion.
 Click Here to send this discussion to a friend
Rent Control Congress (by WMH [NC]) Posted on: May 13, 2025 12:45 PM
Message:
Just interesting. Senator Kennedy: I like him very much personally. I believe as much as I can that he is honest, for a politician, and I generally agree with his positions.
Here he is drilling someone on the definition of rent control and how the takings clause applies or does not apply:
//www.youtube.com/watch?v=W88zOKtgVpg&ab_channel=HotnewsToday
FWIW. --173.28.xx.xxx |
Rent Control Congress (by S i d [MO]) Posted on: May 13, 2025 2:37 PM
Message:
Mr. Aframe squirmed when asked if he'd "follow precedent on the Dredd Scott decision." His cop out answer wasn't as clean and he thought it was.
Yeah, rent control is a taking. It just happens to be a popular way for the D party to reward their voting base at the expense of others. I would never invest in a state or city with rent control. They've already proved they will take what they want of your private property. They're just not at 100%... yet.
Word to the wise....
--184.4.xx.xxx |
Rent Control Congress (by 6x6 [TN]) Posted on: May 13, 2025 2:56 PM
Message:
Rent Control Congress (by Ken [NY]) Posted on: May 13, 2025 2:57 PM
Message:
Sid, if your city or state all of a sudden had rent control would you sell everything and move? --38.248.xx.xx |
Rent Control Congress (by WMH [NC]) Posted on: May 13, 2025 3:14 PM
Message:
I know, did you see that? Must have been an uncomfortable chair or something :)
NC's state constitution forbids rent control so much would have to change to implement it. It could happen - never say never - but for now I'm not worried about it. --173.28.xx.xxx |
Rent Control Congress (by Ray-N-Pa [PA]) Posted on: May 13, 2025 4:44 PM
Message:
I have been known to sell places where a rental inspection has got out of hand. I would absolutely sell for rent control. There would be a huge wall that would prevent future money from coming in.
Investors do not buy and set today's prices.....we set the bottom prices. It is owner occupied buyers who pay today's prices if buying retail. So we set the floor that allows owner occupant loans from getting called due. Stop that process and you don't want to be caught in that downward spiral. --67.140.xx.xxx |
Rent Control Congress (by NE [PA]) Posted on: May 13, 2025 4:48 PM
Message:
I’d sell if it got stupid. I got in this for freedom, not to be good at complying. --24.152.xxx.xx |
Rent Control Congress (by DJ [VA]) Posted on: May 13, 2025 6:36 PM
Message:
Of course, it's taking of private property.
My money is my private property. Nobody can just come and take the money from my bank account - not even "some" of it, so it's value is "only diminished - not gone"
What's the difference?
--72.218.xx.xxx |
Rent Control Congress (by Robert,OntarioCanada [ON]) Posted on: May 13, 2025 6:48 PM
Message:
In Canada rent control is provincial jurisdictions where the province of Alberta does not have rent control where tenants pay market rent along get a rental home or rental unit in market conditions. First of all a business must earn business where with no vacancy rates or no vacancy rates a tenant must rental unit or rental house below market conditions which means not painted, old tiles, old appliances, patch work repairs. So a tenant must take it or leave. Tenants pay above market rent as there is no competition as many rentals such as houses are sold along other rentals are converted to commercial so it is laws of supply and demand where supply goes down then demand goes up where rent goes up. In the end tenants are getting less value for the rent they pay. To say you do not make money under is not true as the rental market is no longer is no longer there. Here the government owned rental units in the province are exempt from rent control where one time at the residential tenancy commission a tenant was getting a 45 per cent where he wrote in the editorials.Governments do as I say not as I do. Tenants are upset when the landlord gets a above guideline like 20.45 per cent to do major repairs and renovations as higher operating costs like hydro electricity, natural gas, property taxes which exceed the annual guideline increases are passed onto in higher rents. In a rent market large rent increases and condition of rental complex is well below market rent conditions.Tenants visit other provinces and states where they pay market rent then ask why is that so. In the end tenants get less value money as they are getting substandard rentals. They can not move out as every other rental unit is expensive. --216.110.xxx.xxx |
Rent Control Congress (by JS [CA]) Posted on: May 13, 2025 9:43 PM
Message:
I am in a rent control state. Some jurisdictions have stricter rules.
As much as it sucks it has driven up rents much more quickly than I believe would have happened otherwise. If you have only a few doors and nobody ever moves it would be awful. In my case there is always something or other coming empty and the rents go up significantly.
The policy that gets me the most and I don't understand how it can be legal is where the increase is limited to a smaller percentage of CPI. CPI is already below the actual increase in costs.
--99.33.xx.xxx |
Rent Control Congress (by mapleaf18 [NY]) Posted on: May 14, 2025 7:40 AM
Message:
The law of diminishing returns. Although rent control (and I'm totally against it, it IS a taking) artificially drives up rents, in the long run, the property owner loses as more and more laws go into effect such as:
1. making evictions impossible to get once the renter stops paying
2. mandated relocation fees
3. inability to sell your own property once tenant moves in
and much much more that kills any so called "benefit" of higher rents. --64.246.xxx.xx |
Rent Control Congress (by JS [CA]) Posted on: May 14, 2025 9:51 AM
Message:
Maple leaf
I wasn’t speaking in support of Rent Control. I am strongly against it. I was just pointing out the impact.
So far the things you mention, 1&3 have not happened. It costs more to evict but removing someone for non payment is permissible. There was a freeze during covid.
The replication fees are already here and are significant. I have only once had a tenant try and use that on me. I told them as far as I was concerned they could stay their entire life. Once I said that they moved as there was no $ to be had by waiting me out. --162.204.xxx.xxx |
Rent Control Congress (by Mapleaf18 [NY]) Posted on: May 14, 2025 12:10 PM
Message:
JS, I knew that you were not for rent control however if you watch the Dennis Block show on YouTube every Saturday afternoon and see some of the crazy laws in Los Angeles, which many downstate New York has adopted, people are routinely taking years to be evicted even though they have stopped paying.
The only thing saving Southern California is Costa Hawkins. You can't just say I want to sell my house and take it out of the rental market when there's a tenant in there. --172.56.x.xxx |
Click Here to send this discussion to a friend
Report discussion to Webmaster
Reply:
|
|