People, do not get a private landlord. Always get a managed property where other people are paying the same company. Private landlords think they are above the law and can do whatever they want. Also, security deposits are always supposed to be in escrow accounts. It is illegal for them to spend that money and not put it in an escrow account.
A price ceiling on rent below equilibrium will create a shortage.. This is not an "opinion" or a "worldview" or a subjective interpretation of events or a "landlord scheme"; it is a fact logically deduced from empirical reality that a price ceiling on rent below equilibrium will decrease the quantity and quality of available apartments. That's why rent control is as obsolete an economic concept as mercantilism. Unfortunately many people prefer populist rhetoric to logic and empirical reality.
I am both a renter and landord I see both sides. Renters also tear up places and leave owners thousands in repairs. The real culpret is goverment by limiting building. If we build more then the supply goes and demand is satidfied.
Thank you California voters for being smart enough to see through the yes on 98 scam. The digusting, vile, slimy pro 98 crowd may now crawl back under theirs rocks....for at least 40 more years!
Prop 99 is a taxpayer financed sham supported by politicians and developers to undermine the property rights protections provided in Prop 98. Prop 98 is the only proposition that protects ALL private property -- homes, small businesses, places of worship, family farms and ranches. And Prop 98 phases out a bad form of rent control that is banned in 44 other states.
Yet another misinformed poster. No wonder our system is in such a mess. Current law already allows market rate rents for a newly available apartment. Nothing changes at all for somebody when they move since they will be paying market rates. The only thing that changes is the rent can later be raised, just like almost all of the other states in the nation. And by golly, we might even create incentive to build more apartment buildings so overall rents will be lower.
RENT CONTROL not in Texas
MikeHansonArchives 9 months ago
Rent control is a terriable idea.
greenghost2008 1 year ago
I agree totally.
IrishAmericanPride 2 years ago
People, do not get a private landlord. Always get a managed property where other people are paying the same company. Private landlords think they are above the law and can do whatever they want. Also, security deposits are always supposed to be in escrow accounts. It is illegal for them to spend that money and not put it in an escrow account.
FelinityMithra 2 years ago
A price ceiling on rent below equilibrium will create a shortage.. This is not an "opinion" or a "worldview" or a subjective interpretation of events or a "landlord scheme"; it is a fact logically deduced from empirical reality that a price ceiling on rent below equilibrium will decrease the quantity and quality of available apartments. That's why rent control is as obsolete an economic concept as mercantilism. Unfortunately many people prefer populist rhetoric to logic and empirical reality.
IVoteNone 2 years ago
somebody will always want your money and thus they will provide units at all price levels to get all possible money
SPFrobber 2 years ago
I am both a renter and landord I see both sides. Renters also tear up places and leave owners thousands in repairs. The real culpret is goverment by limiting building. If we build more then the supply goes and demand is satidfied.
RobertGuido 3 years ago
98 went down in flames tonight!!
Thank you California voters for being smart enough to see through the yes on 98 scam. The digusting, vile, slimy pro 98 crowd may now crawl back under theirs rocks....for at least 40 more years!
Redpony68 3 years ago 2
Prop 99 is a taxpayer financed sham supported by politicians and developers to undermine the property rights protections provided in Prop 98. Prop 98 is the only proposition that protects ALL private property -- homes, small businesses, places of worship, family farms and ranches. And Prop 98 phases out a bad form of rent control that is banned in 44 other states.
yetanotherforest 3 years ago
Yet another misinformed poster. No wonder our system is in such a mess. Current law already allows market rate rents for a newly available apartment. Nothing changes at all for somebody when they move since they will be paying market rates. The only thing that changes is the rent can later be raised, just like almost all of the other states in the nation. And by golly, we might even create incentive to build more apartment buildings so overall rents will be lower.
yetanotherforest 3 years ago