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Susan O.
  • Fresno, CA
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Rent Control, Entitlement, Free property or Property Rights?

Susan O.
  • Fresno, CA
Posted Oct 21 2017, 11:14

What do you all think of these rent control and other rent regulations like capping rents and landlords abilities to earn income to pay for repairs and all the expenses of owning property?  Rent control on a surface level seems helpful and simple enough but really it  contributes to housing shortages, bubbles, and all sorts of political greed.  In the end the people who benefit from the rent control are people who are entitled and take advantage of the system.  It's never for what they try to sell you on.

Renter's day

There's a lot of political push to do rent control and expand rent control from Seattle to Chicago to New York.  From Los Angeles to Dallas to Florida.  It's crazy. 

Some of the big groups coming up.  A lot are actually trying to pit landlords and us investors against tenants.  It's sad because most landlords are just small scale investors like the ones here who are trying to make payments from mortgage, insurance, repairs, cap expenses etc.  They call us "Greedy landlords"  

http://www.tenantstogether.org/events/renters’-day...

http://homesforall.org    

If you dig deeper these groups are funded by huge large scale politicians who really want to get mass votes.

Economic rent control articles

https://fee.org/articles/the-case-against-rent-con...

https://www.economist.com/blogs/economist-explains...

        Memphis     Brooklyn     pittsburg

Note some signs being held are for socialist party and entitlement rights.

  Atlanta

Any thoughts?

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