LANDLORDS had over 2 years of frozen rents.
TAXES were NOT frozen
Materials for repairs were NOT frozen 4 X 8 plywood was $8 a sheet. In Lowe’s this am-—$27 ++ a sheet.++ 7.1% tax.
Labor for repairs were NOT frozen
yes, that was part of the issue, but the biggest issue is that prices on homes, condos and apartments have skyrocketed over the last few years, and it will take a few years for rents to catch up, but they WILL catch up. Because it is an unnatural situation for rents to be cheaper than purchasing the same property (this is how landlords make money).