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2020-08-18 Home Front: Politix

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Posted by Clem 2020-08-18 00:00|| || Front Page|| [17 views ] Top

#1 Bad enough I had to live through a professional tenant who wound up costing me nearly $20K last year *never mind the stress induced heart attacks), now I gotta hear shit like this. If the state wants to deprive me of rent from my downstairs apartment, the least they could do is knock that deprived rent off of my principal balance. Throw in no real estate taxes for the same time frame and you might actually get some other landlords to take this bullshit seriously. Until then, fuck off.

Posted by Raj 2020-08-18 01:14|| 2020-08-18 01:14|| Front Page Top

#2 Rent is a fact of life, but lowering rent (and other rent-seeking) as a %age of the economy IS a noble goal advocated by actual Capitalists from Adam Smith (via Ricardo onwards). The current parties seem to want to MAXIMISE rent-seeking in it's various forms by subsidising title (yet making it hard to get to all but the biggest companies) in all forms.

Posted by Bright Pebbles 2020-08-18 04:40|| 2020-08-18 04:40|| Front Page Top

#3 If the rents are controlled by law or regulation, landlords will get it from the tenants in other ways: additional fees to cover their costs plus a reasonable profit (I informed tenants as part of their move-in walk through that I would be significantly overcharging them for each burnt out lightbulb they left for me to replace when they moved out, or they could do it themselves for the cost of 60 watt incandescents from the grocery store), delaying maintenance until the cost to hold the property matches the rents received, or selling the property to the tenants as condos. This is how slums and multimillion dollar condos happen — we’ve seen all that play out over the half century or more New York City has enforced rent control.

Posted by trailing wife 2020-08-18 08:36|| 2020-08-18 08:36|| Front Page Top

#4 Had a rental in Colorado.
It took a court ordered payment of $4000 to get a tenant out.

Posted by Skidmark 2020-08-18 10:25|| 2020-08-18 10:25|| Front Page Top

#5 Rent control in NY did not turn out well. Buildings were never improved for example.

Posted by rjschwarz 2020-08-18 12:10|| 2020-08-18 12:10|| Front Page Top

#6 Had a buddy who owned rental properties. He said good tenants were like gold. He died of a heart attack which I attribute to bad tenants.

Posted by M. Murcek 2020-08-18 17:06|| 2020-08-18 17:06|| Front Page Top

23:09 Clem
23:01 crazyhorse
22:47 Rupert Cromoting1818
22:34 trailing wife
22:32 trailing wife
22:26 gorb
22:23 gorb
22:11 Airandee
21:35 trailing wife
21:14 trailing wife
21:06 Dacama
21:02 Woodrow
20:58 Woodrow
20:50 Frank G
20:49 Frank G
20:18 Rob Crawford
20:14 Rex Mundi
19:57 M. Murcek
19:47 M. Murcek
19:34 crazyhorse
19:30 crazyhorse
19:09 jpal
18:57 lord garth
18:47 M. Murcek