need cash for The National

[calvindog]

Originally Posted by slidekellyslide

So I'm guessing that landlords of rent controlled apartments also get a break in their property taxes?

I suppose but the landlords in NYC are insanely crazy about rent control laws because obviously it makes it impossible for them to maximize their rents. Which is why so many landlords torture their rent controlled tenants in an effort to get them to move out.

[slidekellyslide]

Originally Posted by calvindog

I suppose but the landlords in NYC are insanely crazy about rent control laws because obviously it makes it impossible for them to maximize their rents. Which is why so many landlords torture their rent controlled tenants in an effort to get them to move out.

That would have made for a good Seinfeld episode.

[barrysloate]

We have a terrific landlady who is good to us despite the fact we pay hardly any rent for a three bedroom apartment in a very desirable neighborhood. We have the heat at something like 74 degrees all winter long and she is fine with it. Sometimes she brings us spaghetti sauce when she stops by. We may be the luckiest rent stabilized tenants in Brooklyn.

[Peter_Spaeth]

Sounds to me like a system that perhaps was well-intentioned at the outset but has created all sorts of perverse situations and is in need of serious reform.

[barrysloate]

I agree entirely Peter, it's a bad system. It was instituted after WWII to help returning soldiers secure affordable housing. It's been pointless for decades and a burden to building owners, but no politician has ever been willing to touch it. Kicking old people out of apartments they lived in for most of their lives is political suicide.

[calvindog]

The laws basically provide an incentive to work less, to earn less, for some.

[SethY]

The goon has now sent me a personal email. Anyone else get an odd contact of the like?