Originally published at: https://boingboing.net/2019/05/31/statewide-rent-stabilization.html
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2 Likes
Being a traditional landlord can be quite lucrative without resorting to manipulative tactics and having the local police at your beck and call.
Out of control rent and housing prices are a symptom of a greater problem. Too many investors thinking they should turn insane profits year over year at the expense of ordinary folks who don’t have a lot of other options.
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While these laws are a good step, they don’t hit the root of the problem. These real estate holding corporations can gaming the system because of how much they own.
Sure sounds like an antitrust problem.
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