Posted by Jon on May 03, 1997 at 01:59:14:
In Reply to: One common misconception about Rent Control posted by Sir Loving on May 03, 1997 at 01:08:48:
Yes, Sir Loving, you are doing a grand job passing miscommunications. As an accountant, might you share with us what the average monthly or annual operating costs associated with, lets say a four room one-bedroom in a ten unit building, lets say, on the east side (please state if you include or don't include debt service)? Though I am a tenant and support rent controls, I do have a problem with justifying rents that don't reflect reality.
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