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... and educated urban planners and economists and urban studies researchers.
Not all educated urban planners, economists, or urban studies researchers deal with rent regulation or care about it in any capacity. You can't speak for all of them.
Just because the building may be *small* does not mean it is owned by a "small time landlord".
While there are still mom & pop landlords in NYC you have no idea how much property is owned by the large real estate families or companies. For various reasons each small building maybe listed under its own LLC, but make no mistake the trail leads back to the same management company/property owning family.
I understand this.
There are SOME small time landlords left, but I know very well that many small buildings are owned by large real estate companies. As I said, it's very difficult for small landlords to operate in the current city, and there are huge incentives for the remaining small landlords to sell anywhere in Manhattan, Western and Central Brooklyn and Western and Central Queens. Even in the South Bronx.
Just because the building may be *small* does not mean it is owned by a "small time landlord".
While there are still mom & pop landlords in NYC you have no idea how much property is owned by the large real estate families or companies. For various reasons each small building maybe listed under its own LLC, but make no mistake the trail leads back to the same management company/property owning family.
Agree and know this for a fact, I have said similar things before.
Increasingly, predatory investment groups - which further complicates legal liability.
1. Tenants who are already in place in stabilized apartments, particularly those in Manhattan.
2. Market-rate landlords, who can charge higher rent due to restricted supply.
Most everyone else in the rental market is harmed. That includes commuters who would like to live in NYC but who are priced out. There are a lot of young people with decent-paying jobs in that situation. The rent regulations really need to be phased out.
1. Tenants who are already in place in stabilized apartments, particularly those in Manhattan.
2. Market-rate landlords, who can charge higher rent due to restricted supply.
Most everyone else in the rental market is harmed. That includes commuters who would like to live in NYC but who are priced out. There are a lot of young people with decent-paying jobs in that situation. The rent regulations really need to be phased out.
Most people in regulated units are natives or long-time residents - who do not care about "commuters."
I would rather not live around a preponderance of transplants or former "commuters" myself.
1. Tenants who are already in place in stabilized apartments, particularly those in Manhattan.
2. Market-rate landlords, who can charge higher rent due to restricted supply.
Most everyone else in the rental market is harmed. That includes commuters who would like to live in NYC but who are priced out. There are a lot of young people with decent-paying jobs in that situation. The rent regulations really need to be phased out.
Those commuters will remain priced out..........
Rents are not going to get cheaper as rent stabilization is phased out due to tenant buyouts, deaths, and evictions.
Those young commuters can live closer to work if they have roommates, and this is assuming their job has halfway decent pay.
Oh, and many rent stabilized units have been replaced by co-ops or condos. That restricts the rental supply as well.
Most people in regulated units are natives or long-time residents - who do not care about "commuters."
I would rather not live around a preponderance of transplants or former "commuters" myself.
Natives and long-time residents are owed nothing.
They don't own. They rent.
The market should dictate cost-
Those who can afford it can live there.
The old and worthless can die on the streets or move to Detroit.
Few cities utilize such a ridiculous policy to protect those who cannot afford to live somewhere.
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