Comment by raw_anon_1111
2 days ago
And that’s why rent control is bad. Why wouod I invest money to keep up a building where I knew I couldn’t get market rates for rent if I were a landlord?
2 days ago
And that’s why rent control is bad. Why wouod I invest money to keep up a building where I knew I couldn’t get market rates for rent if I were a landlord?
Do you imagine rent control is ubiquitous, and landlords nationwide are crushed under the heavy handed regulation of big government?
Because that could not be further from the truth. I'd that bet without googling, you can't name more than one jurisdiction in the entirety of the US that has rent control.
I was a landlord in GA - definitely not a liberal utopia - and if you do everything right, it still takes 5-6 steps in sequence and around 60 days to evict someone for non payment and it’s another long process to get any money out of someone for unpaid rent and damages once you evict them.