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Old 10-08-2016, 03:04 PM
 
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even if your expenses do not go up i expect a return on money yearly . your expenses going up should never be a prerequisite for anyone's raise amount .
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Old 10-08-2016, 03:17 PM
 
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I can deal with a 2 to 3% increase but not 7% for 3 years in a row.
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Old 10-08-2016, 03:19 PM
 
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if the landlord goes out of bounds you are free to move . every month it goes un-rented he loses . if markets are priced lower he has a loss . if they are priced the same he will rent it easier .
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Old 10-08-2016, 03:24 PM
 
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Quote:
Originally Posted by mathjak107 View Post
if the landlord goes out of bounds you are free to move . every month it goes un-rented he loses . if markets are priced lower he has a loss . if they are priced the same he will rent it easier .
Everyone may not be in a position to move. But I am guessing the rents don't go up that often since this man said he has been here 14 years.
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Old 10-08-2016, 03:27 PM
 
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not the landlords problem ! he isn't in the charity business , he is in the real estate business . he has a product to offer . either someone can afford the product or they can't .

does the supermarket take less when you tell them you are low on money ?
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Old 10-08-2016, 03:29 PM
 
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Originally Posted by mathjak107 View Post
not the landlords problem ! he isn't in the charity business , he is in the real estate business . he has a product to offer . either someone can afford the product or they can't .

does the supermarket take less when you tell them you are low on money ?
No I just eat less.
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Old 10-08-2016, 03:31 PM
 
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well in this case you move to a cheaper area .

if you want rent stabilization you have to get your local politicians to put it in place . but they have to give the landlords some kind of tax abatement in exchange .

we have stabilization here on 1/2 of all nyc's rental housing
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Old 10-08-2016, 03:39 PM
 
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Originally Posted by mathjak107 View Post
well in this case you move to a cheaper area .

if you want rent stabilization you have to get your local politicians to put it in place . but they have to give the landlords some kind of tax abatement in exchange .

we have stabilization here on 1/2 of all nyc's rental housing
I did that 4 years ago but I don't want to go to a area that is too cheap because then I will be living in a area that is not safe.
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Old 10-08-2016, 03:46 PM
 
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well then you have to pay the price-it is a simple concept.
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Old 10-09-2016, 11:02 PM
 
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Property taxes are killing me. over $6k for the house I just got. And maybe double that for the investment property.

Why am I being punished for owning property? You know what I could do with 15-25k?
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