I spent a lot of time in NYC in the 70's. I remember what rent control did to the city back then. There were sections of the city with abandoned buildings just falling apart. The city is headed back to that same situation.
I consider "fair market value" increases to be whatever is EQUAL to the income (Social Security) increases of those having to pay the rent increases. This is especially true for 55+ buildings, with most residents of low income, on Social Security.
While true in SOME sections, that is the landlord propaganda line. Less often heard, is what I described in Post # 276, which is descriptive of thousands of buildings, and literally dozens of entire neighborhoods.
That is an irrelevant dodge. It doesn't matter if your product is an office, a home, a painting, or manure, you should be able to sell it for whatever the market will bear. If eggs go up, they are food. Should the government be able to regulate those too? If you can't afford the rent, move. Apparently there are people who feel the property is worth the rent or no one would live there. You are whining too much.
So if you don't get a tax return, you don't pay your accountant? I mean, you didn't get anything--why should he? BTW, there are section 8 houses and apartments that contract with welfare that will give you what you want. Investigate.
Propaganda line? Dude, I saw the abandoned buildings with my own eyes. If you lived in NYC you have to have seen them yourself! While true in SOME sections? It's "true" in sections who's property owners simply walked away from their buildings because they couldn't afford to make repairs.
Good point. It's just bad policy. Left or right doesn't really enter into it.
It is not only good policy, it is necessary policy - to protect old, long out of the workforce Americans, just barely getting by on Social Security, from callous lowlife, PREDATOR landlords, who prey on them to grab their last nickels & dimes.
At the same time, there are sections of New York City that haven't changed one iota since the 1950s. And all of them under rent control the whole time. Ho hum.
I investigated. Dead end.
It is "irrelevant" because YOU WANT it to be irrelevant. In reality, it is very relevant.
line. How about the seniors on Social Security and THEIR "market", which is LO$$ES given to us by YOU, and all your fellow PREDATORS preying on us for everything we have.
The average price of buildings in NYC is around $800/sf
I am a senior on SS and I don't expect anyone to subsidize anything for me. I pay my own way. If you choose to be a parasite, that is on you. Landlords don't prey on people--quite the opposite, you lowlifes have been preying on them for decades. Sometime when you don't have anything to do, watch Pacific Heights with Michael Keaton--an old movie that shows the reality that you are trying to ignore.
You're a fucking liar. It took me all of a minute and a half to find all the info you need to get into welfare housing--if you qualify. Otherwise, you're just a lowlife looking to sponge off of a landlord.
This is one of the most idiotic posts I've ever seen. There's not one damn thing right about iti. I'm already living in a welfare housing (sort of) - LIHTC program.I am a senior on SS and I don't expect anyone to subsidize anything for me. I pay my own way. If you choose to be a parasite, that is on you. Landlords don't prey on people--quite the opposite, you lowlifes have been preying on them for decades. Sometime when you don't have anything to do, watch Pacific Heights with Michael Keaton--an old movie that shows the reality that you are trying to ignore.
You're a fucking liar. It took me all of a minute and a half to find all the info you need to get into welfare housing--if you qualify. Otherwise, you're just a lowlife looking to sponge off of a landlord.
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Nope, that assumption is incorrect as well, I pay my mortgage every month--just like rent. I chose to put my money into my own pocket instead of a landlord's. You are the master of your own destiny. If you don't like your position in life, do something about it. Other people are NOT responsible for you. Quit whining. If you're in welfare housing, there are limits on the rent increases.
Not many limits here. They know we are all old, sick, low income, and still they raised our rent $96/mo. My total increase from SS & VA was $41. I lost $55/mo......$1152/yr......$5760/5 yr.
Yeah, yeah, yeah. Everything has gone up. Rents have to go up too. Those folks have a right to maintain their position in the economy. It ain't personal and it is not gouging. I don't like the fact that I can only travel half as far as I could on the same money three years ago. Quit whining. It isn't going to change anything and advocating for communism isn't going to change it either.
HA HA. I'm not advocating for communism, and you're not going to win any debates by talking stupid. As I noted earlier, the US is not a purely capitalist country. It is a mixture of capitalism & socialism, like it or not.
Must be a pretty high "limit", as these so-called "limits" didn't stop our landlord from wacking us with a $96/mo increase (and that just for the 1 bedroom apartments). The 2 bedroom folks got hit even harder.
"Gone up" ? The apartment I lived in 2020, was $600/month. It was $550/mo when I moved in 2018. In 2021, the rent went from $600/mo to $850 (42% "up")
