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Posted by Richard on January 29, 1999 at 14:45:19:

In Reply to: Re: Wellcome Newcomer posted by John E. Marre on January 29, 1999 at 00:13:03:

: Nick!
: You hit the nail right on the head.

But here's were I disagree:

In order to correct the inequities in the system, the only FAIR way is to make rent sablization income dependant, For example why should people who make $150,000 a year still get rent stabilization??? I mean even if you make $75,000 that should be enough income for any Bank to give you a mortgage and BUY an apartment!!!

What this system does is pit people against each other, instead of doing what most Americans want.... to OWN not RENT a piece of America!!! So $75,000 is a fair cutoff point $50,000 would be better,
that would end your stabilization...and you will either pay higher rent, move or BUY!!!

I made a whopping $26K last year as a paralegal, I deserve a decent rent, so I can save for a down payment in 5 years...
I dont want to rent the rest of my life and be at the mercy of a shitty landlord, or if an appliance breaks,
he refuses to fix it and he refuses to let me buy my own.......But a decent rent would allow us to save the $10,or 20,000 needed down payment
to buy anything...

Follow Ups:

• Re: Wellcome Newcomer John E. Marre 1/29/99 (1)
  • hmmmmm, don't be so sure W Cramer 1/31/99 (0)

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Comments:
: : Nick!
: : You hit the nail right on the head. 

:  But here's were I disagree:

:  In order to correct the inequities in the system, the only FAIR way is to make rent sablization income dependant,  For example why should people who make $150,000 a year still get rent stabilization???   I mean even if you make $75,000 that should be enough income for any Bank to give you a mortgage and BUY an apartment!!!
:  
:  What this system does is pit people against each other, instead of doing what most Americans want.... to OWN not RENT a piece of America!!!   So $75,000 is a fair cutoff point $50,000 would be better,
:   that would end your stabilization...and you will either pay higher rent, move or BUY!!!

:   I made a whopping $26K last year as a paralegal, I deserve a decent rent, so I can save for a down payment in 5 years...
:   I dont want to rent the rest of my life and be at the mercy of a shitty landlord, or if an appliance breaks, 
:   he refuses to fix it and he refuses to let me buy my own.......But a decent rent would allow us to save the $10,or 20,000 needed down payment
:   to buy anything...
:     

:      


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