Rent Control

[MrDawn]

Do you support Rent Control?

If you don't know what that is, it's where people are pushing the government to force home owners and apartment owners to lower rent or to where they can't charge over a certain amount per month.

 

[The Jason]

The key to ending high rents is more construction, but I'm thinking, in the US particularly, it's a struggle and the cheap labor, illegals, are being thrown out.

 

[freakofnature freakofnature]

As a renter whose rent has sky rocketed in recent years, yes, I would support rent control.

 

[passenger]

Rent Control
Certainly does make lots of sense for renters.
Also, though, seems like there has to be a balancing control justifying the rental owners' expenses for property and other applicable (ever increasing) taxes; insurance, cost of routine maintenance, etc.
The owners are "in it" as a business and will get rid of the rentals if they are costing them money instead of allowing for a REASONABLE profit.

 

[DrLeftover]

So then who is going to pay the taxes on the apartment building, pay the upkeep when the tenants destroy a place, update the AC and heat, paint the hallway, put a new washing machine in the laundry room.......

 

[The Jason]

So then who is going to pay the taxes on the apartment building, pay the upkeep when the tenants destroy a place, update the AC and heat, paint the hallway, put a new washing machine in the laundry room.......

Unless they were raised by Marines, who is going to be able to be responsible enough, LOL?

 

[Webster]

Do you support Rent Control?

Yeah, if you support killing the property value of an apartment building.
Otherwise, no.

 

[The Jason]

Perhaps a government program of construction would make supply greater than demand.

Well, look at web hosting, it's a saturated market and cheap. What if housing was the same?

 

[Grungie]

I think the problem with this, is that people treat it like a simple issue, but the back end of it is more complicated.

 

[Saphira]

I'm not in favour of imposing an upper limit to what you're allowed to ask. Costs for maintenance etc. rise also, and it will make the house market implode. With all the regulations already, existing houses probably won't get upgraded anymore if you're not allowed to increase the rent. You get empty houses that no one wants. Because the costs for fixing/upgrading are too high for the potential benefits.
Where I live, you cannot increase rent for the same person living in the place, except for indexation (which isn't as much as real cost-of-living increase, but it's something). Also between renters, you have to be able to show an increase of the property's worth. But if you for instance put a new roof, add insulation, put in new windows, etc., then you are allowed to increase the rent to what you consider reasonable. (Going a lot above what's typical in your area will mean you'll not have any candidates for renting it, either).