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Archive for the 'rent control' category
Eh, what can you do?
So, Sam Yoon, reckless young city councilor, has proposed a new plan to encourage landlords to negotiate rents with their tenants. Encourage, by which I mean “force”, since if a landlord chooses NOT to meet with their tenants, a letter will be entered into a file (permanently) at City Hall, [...]
08/07/07 |
1 Comment »
A couple stories out of New York City to show you the ultimate insanity of rent control / rent stabilization laws.
Example #1:
First up, a rent-stabilized apartment up for sale on the Upper West Side.
There’s nothing wrong with the spacious, bright apartment at 328 West 86th Street. So why is it priced at $549,000, barely half [...]
04/18/07 |
1 Comment »
Rent control and rent stabilization laws have done as much as anything to destroy cities over the past fifty years.
Fortunately, Massachusetts voters effectively outlawed rent control, several years ago.
Well, most people think it’s a fortunate thing.
Michael Patrick MacDonald writes in the Globe this week that we need to bring rent control back to Boston:
In the [...]
04/18/07 |
3 Comments »
Link courtesy, curbed.com:
Funky Friday Listing: Rent’s Stabilized, Broker Fee Isn’t
From New York City craigslist apartment ad:
Asking: $1100/mo.
What: ~500 sqft 1 BR, 22nd St.
What: “PLEASE NOTE Today’s market value on this apt. is aprx.$2100 per month. That means you are saving aprx.$12,000 (Twelve thousand dollars) per year in rent.The broker fee is $10,000 (TEN THOUSAND dollars) [...]
10/20/06 |
1 Comment »
Welcome to the crazy, mixed-up world that is New York City rent-stabilization, rent-control.
It’s a world where someone in a market-rate one bedroom unit pays $2,200, a month, and his next-door neighbor pays $875, for a three-bedroom unit.
It’s a world where some landlords, huge companies, can afford to play the game, but where a small entrepreneur [...]
09/11/06 |
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