Posted on 05/11/2018 9:23:08 AM PDT by SeekAndFind
Rent control is indeed a sucker’s game. The very lucky few tenants stay forever because they know if they move their rent will soar in a new place. The landlord can’t increase rent to match his operating cost increases, so he lets the places deteriorate. They get old and run down. Nothing new gets built - what sane builder would want to build in an area where he’ll be locked down on rent hikes down the road.
Rent control is the ultimate way to truly avoid any “justice” as you have the “very lucky class” that have a cheap apartment and the vast majority of the “unlucky class” that have to pay higher-than-normal rents for other apartments. There’s absolutely no justice in that.
Exactly. I would never get into that unless I was desperate...I have seen and talked to landlords about the straight jackets they have to wear.
So there are more people evicted than the state average. That means there are also more people not paying rent than the state average. When a building is in foreclosure or legal limbo of some kind there is often a lot of legal action that is delayed. I assume these buildings were bought by Hannity and as they were being repaired and changed ownership, I assume he starts to rent to people who actually pay.
My Wife is a RE Broker/Owner.
She sold a triplex to a client...
She checked in with the client a year later to see how things were going.
Apt A had a drug dealer (highly suspected) in it. No rent issues. No problems. Paid cash.
Apt B had a stripper in it. No rent issues. No problems. Paid cash.
Apt C had a school Principal. Always late with rent. Always full of surly ‘landlord sucks’ crap.
Two weeks seems fair if allowed by law...
Once you take over a business and begin enforcing rules, the customers (in this case tenants) soon realize that the owner means business.
In the case of evictions, the word gets around and habitual layabouts who move from apt to apt while working the system find that they can find easier landlords to prey upon.
Sean Hannity is the reason there are so many homeless these days!!
Some of the evicted tenants were probably not white. Or straight. That isnt fair to evict people of color and gays along with the others.
If he were sensitive, he would have paid their rent...and paid them for a month long Hawaiian vacay. Cold...rich...heartless.
I cant believe he had the SECRETARY OF HOUSING on his show. Here he is a landlord. Sean Hannity should have recused himself. Omg. And yes, he is rich so if his tenants cant pay, why evict them? He has enough money. He shouldnt even charge rent. He should rip up his Fox Contract. How much is enough money? He should work for free.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.