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To: Oldeconomybuyer

Thankfully, I do not live in Seattle, but as a small-time landlord (~10 units) I can give two examples in real-life of perfectly legitimate reasons why I discriminate against some prospective tenants.

1, Our building is near a large employer, and every vacancy we have there is at least one application from employees of this company. Sometimes there are several. I have a rule that no more than 3 of our units can be occupied by employees of this company.

Discrimination, yes. But every financial advisor in the world preaches diversification of assets. If this company were to have a bad quarter, or year, there might be layoffs. If I lost 3 renters all at the same time that would be a disaster for me. So, I require diversity of employment for tenants.

2. If a prospective tenant has too HIGH an income I will not take them.

Why? Experience shows that high-income tenants really want to own a house, and can qualify for one. They are not going to be long-term tenants. Every time someone moves out and I have to clean, re-paint, and re-rent I lose at least one month’s rent and maybe two.

In both cases, I am not discriminating against any protected class. I am very legitimately protecting my own business interests.

I look for long-term, stable tenants with no drug or alcohol issues.


17 posted on 03/24/2017 10:15:49 AM PDT by CurlyDave
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To: CurlyDave

“2. If a prospective tenant has too HIGH an income I will not take them.

Why? Experience shows that high-income tenants really want to own a house, and can qualify for one-—


Even empty nesters?

Many people with lots of money want to rent because they are sick and tired of ownership and want to travel.

I personally know 2 couples that did this.

.


32 posted on 03/24/2017 12:38:54 PM PDT by Mears
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To: CurlyDave
"Our building is near a large employer, and every vacancy we have there is at least one application from employees of this company. Sometimes there are several. I have a rule that no more than 3 of our units can be occupied by employees of this company."

Sounds like a reasonable policy, but some other landlord might take the view that he wants to provide housing close to the employer as a convenience to the employees, to SAVE THE PLANET via reduced commute distances and lower fuel consumption, and because he thinks/knows that the employer only hires solid people.

Different landlords might have different reasons for their leasing decisions, but the decision should be theirs, not the government's.
33 posted on 03/24/2017 12:47:32 PM PDT by Steve_Seattle
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