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this post was submitted on 04 Sep 2024
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This is fucking silly. Yeah, in the short term this works out. But loom to other ridiculous markets like NYC which are still trying to recover from similar.
Expand housing supply, don't fucking restrictions the few ridiculous operations trying to make said supply!
If we had vacancy control, we could swing almost every other policy way closer to what the landlords want. There'd be almost no incentive for bad faith evictions, and at the same time the financial impact of having to find a new place to rent would be minimized (if not initially, over time).
Right now we're so far the opposite way, we have to have all these protections in place. Of course landlords would love to toss their long term tenants to get double or triple rent each month, and at the same time it's financially ruinous for a tenant to have to suddenly find themselves an extra $1-2000/mo to afford even the cheapest rental on the market.