“That is just sad. Some people have no respect for the elderly.”
While perhaps the tenant’s age should be taken into consideration, for the most part I’m with the landlord, who is following the rules imposed on him by the city. It’s his property and he should be able to do what he wants with it. And who knows, maybe his “relative” is also of advanced years. Without knowing all the circumstances, it seems that some here are jumping to conclusions. I know from experience that rent control ordinances really screw up a landlord’s ability to earn a decent return on his investment. Our daughter has been living in a rent-controlled apartment in Oakland, CA for 7 years. She’s paying less than $1,000 per month when the apartment would be rentable at about $1,600. to a new tenant. She’s getting a deal, while her landlord has his costs going up each and every year. Actually, this is the sort of problem for homeowners here in CA that Prop 13 addressed. It limits property tax increases to 2% a year on an original 1% of assessed value at the time of purchase. Having government able to “legislate” market forces is never a good thing.
I will bet you an ice cream bar that that daughter NEVER pays rent anything close to $1600 a month....
UNLESS the daughter is on Section 8 & then the taxpayers are footing 80% of that rent bill.