Totally agree. We are small “mom and pop” landlords. There are many militantly pro tenant laws which keep getting worse every year. Meanwhile the tenant pool is abysmal. Applicants have gotten used to gov’t handouts instead of working in what was once a bedroom community for Xerox.
They have already sealed the eviction records and you can’t screen based on evictions. They want to pass the “Clean Slate” act which seals criminal records and will make it “discriminatory” to screen based on criminal background. Which will apply to condos as well.
Same here in Oregon, which is going the way of NY. Every year more and more laws, till they get to free rent for everyone!
You just have to price people out and be ready to leave stuff empty.
Or, do what I did when I managed their apartment building that the gubmint (not NYC or NyS) suddenly required people to take Section 8 renters — go to a “how to pass your Section 8 inspection” and make sure you flunk it. I took off all the electric plates and removed the stove. When a section 8 renter demanded in, we flunked. Got a lecture about the third time that I “was never going to cut it as a section 8 landlord and was going to be blacklisted” and have to rely on the employed people market with no welfare queens to rent to.
Happily got on the blacklist and just had renters who paid their bills and took care of their stuff, no freeloading welfare queens.
(Every time I post this some idiot will chime in a call me a thief for refusing to take government money. Even on a conservative website. Tells you how ingrained the welfare mentality is in our whole country.)