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Updated about 2 years ago on . Most recent reply

JD Martin's profile image
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JD Martin
  • Rock Star Extraordinaire
  • from Northeast, TN
  • Member since Jul 6, 2015
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JD Martin's profile image
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JD Martin
  • Rock Star Extraordinaire
  • from Northeast, TN
  • Member since Jul 6, 2015
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JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
15,798
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9,828
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General Landlording & Rental Properties

And this is why rent control doesn't work very well...

JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorPosted

https://www.yahoo.com/news/say...

The crux of it for those who don't want to read the article: the guy's paying $450 a month in a rent control unit in NYC for 20+ years, while market rate around him is $3k/month. He's complaining that the landlord won't fix anything and is harassing him to get him to move. I wonder with what money he think they're going to be able to keep up his building? 

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