Posted by Richard on September 28, 2000 at 23:32:02:
In Reply to: THE HIGH COST OF RENT CONTROL posted by Housing Advocate on September 28, 2000 at 21:31:46:
The problem is the Landlords have NO incentive to just re-paint an apartment and to fix it up cheaply so the overall rents stay low.
NOPE why not buy a $3000 goumet industrial chef stove, instead of a $399 Sears special...Why Not buy luxury fixtures, Marble Baths, stainless steel kitchens Parquet floors, hell we can charge the next stooge 1/40 of what we spend a month geezzzzz 40 months and al the money is paid back and the PURE PROFIT!!
That is where ALL the tenant advocates have FAILED to stop Rudy and the Real estae lobby......there is NO cap on how much a landlord can throw into rennovations...Not a peep out of anyone....but they WASTE everyones time over quibbling over a 4 or 6 % increase in rent...
If there was a 25% cap on how much a landord can rennovate and raise the rent,On Rent Stabilized apartments.... It would have taken maybe another 10 YEARS to get the tens of thousands of that have been deregulated because they got it over the magic $2000 a month limit...
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