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Location: Formerly NYC by week; ATL by weekend...now Rio bi annually and ATL bi annually
1,522 posts, read 2,244,038 times
Reputation: 1041
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Quote:
Originally Posted by SeventhFloor
Like the 90 year old buildings were pristine before Covid anyway
Some tenants suck and some LLs suck too
Throw the whole rent stabilization away
Do that and LLs will walk away from their old decrepid buildings even more, lets demolish them and promote new growth.
Exactly. People glaze over the fact that the Landlords, whether local or absentee, are a major part of the problem as well. They perpetate a lot of the housing issues specifically low income.
And to your point, there are deadbeat tenants to boot as well.
Exactly. People glaze over the fact that the Landlords, whether local or absentee, are a major part of the problem as well. They perpetate a lot of the housing issues specifically low income.
And to your point, there are deadbeat tenants to boot as well.
For the past 20 years LLs have been taking advantage of the ignorance of the transplants, all that time you were charging $2,000, $2,100 for a studio in Crown Heights and no surplus? Give me a break
Tell me I'm lying
Screwing people over is simply bad business, I can't do business with people whose moral compass is broken, no matter how innocent and naive the transplants are
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Location: Formerly NYC by week; ATL by weekend...now Rio bi annually and ATL bi annually
1,522 posts, read 2,244,038 times
Reputation: 1041
Quote:
Originally Posted by SeventhFloor
For the past 20 years LLs have been taking advantage of the ignorance of the transplants, all that time you were charging $2,000, $2,100 for a studio in Crown Heights and no surplus? Give me a break
Tell me I'm lying
Screwing people over is simply bad business, I can't do business with people whose moral compass is broken, no matter how innocent and naive the transplants are
I absolutely agree. And its interesting that you pointed out their aggresive swindling of the transplant market. They absolutely skew the market for individuals not native to the area or whom have been in teh area for a while to actually follow nthe rental market trends.
For the past 20 years LLs have been taking advantage of the ignorance of the transplants, all that time you were charging $2,000, $2,100 for a studio in Crown Heights and no surplus? Give me a break
Tell me I'm lying
Screwing people over is simply bad business, I can't do business with people whose moral compass is broken, no matter how innocent and naive the transplants are
Explain to me how such "transplants" or anyone else was "screwed over" as you say?
It's a free market, no one forced anyone to take those apartments at asking rent. If people think they could do better then by all means look elsewhere.
This is what's wrong with NYC and much of country today, lack of personal responsibility. Everything is always someone else's fault, and or worse we need yet *more* government intervention because apparently grown a$$ed adults cannot be trusted to make decisions on their own.
Eventually Non rent payments will be grounds for getting those tenants out of those stabilized apartments....when we had rent stabilized coop apartments I would wish my tenants couldn’t pay the rent
Explain to me how such "transplants" or anyone else was "screwed over" as you say?
It's a free market, no one forced anyone to take those apartments at asking rent. If people think they could do better then by all means look elsewhere.
This is what's wrong with NYC and much of country today, lack of personal responsibility. Everything is always someone else's fault, and or worse we need yet *more* government intervention because apparently grown a$$ed adults cannot be trusted to make decisions on their own.
You've got to be kidding me
And people did look elsewhere, that's why you had crap like this:
Eventually Non rent payments will be grounds for getting those tenants out of those stabilized apartments....when we had rent stabilized coop apartments I would wish my tenants couldn’t pay the rent
The stips are going to be soooo long
I think the problem will eventually correct itself
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
Mind you Bugs, you're talking about people who went from growing up leaving their doors unlocked to living across the street from Borinquen projects, who was going to teach them street smarts? City-Data? LoL
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
For the past 20 years LLs have been taking advantage of the ignorance of the transplants, all that time you were charging $2,000, $2,100 for a studio in Crown Heights and no surplus? Give me a break
Tell me I'm lying
Screwing people over is simply bad business, I can't do business with people whose moral compass is broken, no matter how innocent and naive the transplants are
Excerpt: For the past 20 years LLs have been taking advantage of the ignorance
Response:Opinion
I agree that there exists on both side bad people.
I have met both evil Landlords and tenants and want nothing to do with them.
As far as charging these astronomical rents? You already know this.....
One can only point the finger back to the city.
If someone is paying $ 14,000 a year for a 2 family home in property taxes
how does the Landlord pay?
The tenant is the answer.
Instead of a tenant living out in the cold he offers
an apartment with heat and running water in
exchange for rent.
Once the property taxes are met as well as house insurance,water and sewer
then there added expenses of upkeep and maintenance. It all adds up.
Take away property taxes and tenants will pay less in rent.
Take away property taxes and those living in subsidized housing will end up on the street.
The city takes the Landlords money to put a roof over the head of the impoverished.
The Landlord takes the money from tenant who take the money as pay for employment.
From construction to fast food , these jobs supply homes for all to live in and food on the table for all to enjoy.
One vicious cycle that can be made easier on all if the impoverished are provided
jobs to assimilate and ease the burden than to instill the burden on everybody else.
Unfortunately the numbers of impoverished are only growing as they are pouring in from all over the world....
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