Rent Control Is Unconstitutional

[Sierra Crisp]

If I borrowed your car and you told me you needed it back when our contract was up, you would be shocked when I told you I would only give it back after you payed me 10 thousand dollars. This analogy sounds silly but it’s happening every day with rental properties. Landlords are capped on their income when their expenses and taxes are not. We run the risk of a falling market, yet are hindered from profiting in a thriving one in many cities. How is it this is possible? The government cannot tell McDonalds what it can sell a cheese burger for, yet everyone needs to eat. But I am told what I can rent my home for because everyone needs a place to live. This seems discriminatory to landlords. I have seen a past case brought to the Supreme Court regarding this and it was thrown out. I wish to do something to have this looked at again. Where would you start and what would you suggest? What are your opinions on rent control? (Without slinging mud at each other.) This seems a huge task and I’d like to get some opinions.

[Russell Brazil]

Simple solution....dont buy properties that are subject to rent control.