Comments on: Rent Spikes Denied

By: Homepage

Homepage — Wed, 02 May 2012 01:45:38 +0000

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By: Rick Horan

Rick Horan — Wed, 02 May 2012 00:37:37 +0000

Rent regulation is legalized theft. The Supreme Court should be embarrassed that it has allowed this travesty to continue in America. What justification is there for landlords to shoulder the cost of subsiding rent out of their own pockets?

If the government feels that people need help paying rent, then issue rent stamps like they do food stamps. This way all taxpayers share the burden.

By: Rent Spikes Denied | Supreme Court Rent Control Blog

Rent Spikes Denied | Supreme Court Rent Control Blog — Fri, 27 Apr 2012 15:23:19 +0000

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By: BigAppleGuy

BigAppleGuy — Thu, 26 Apr 2012 23:15:57 +0000

Most of the rent control apartments I know off are not properly used. Some are used as day offices. Others a pied-a-terres (city apartments for people that have other homes upstate or in NJ). Others are passed down to children of the original owners. Of the ones I know, these children could afford market rate apartments or, in one case, the kid never made anything of himself because he didnt need to do much to live other than sublet the apt occasionally (as he also lived upstate. It’s time for this ridiculously abused rent control/stabilization subsidy to end or at least be amended so that when a deserving rent control tenants leaves (ie dies) the control ends.

By: Sue Susman

Sue Susman — Thu, 26 Apr 2012 17:56:26 +0000

Rent regulation is crucial in this city, and was instituted to prevent profiteering by landlords in a market short on available apartments. That it protects the majority whose median income is $37,000/year is important – but it would be better if more tenants (not fewer) had those protections.

James Harmon knew three apartments in the building he inherited were subject to rent regulation even then. He nonetheless bought out his brother’s share. Rent regulation – like the fire, health, and zoning regulations from which he benefits – were part of the scene from the get-go.