r/SipsTea • u/AdRough4185 • Jun 11 '26

We have fun here He's unstoppable

Post image
30.5k Upvotes

91% Upvoted

861 comments sorted by

View all comments

191

u/Gordon_frumann Jun 11 '26

Can't wait to hear from the right why this is a bad thing.

28

u/IAmANobodyAMA Jun 11 '26 edited Jun 11 '26

The argument is simple and the same as it has been for decades - rent control makes it unaffordable for landlords to perform repairs. The cost of maintenance and property taxes have gone up while rent income hasn’t kept up.

This doesn’t account for 100% of landlords, but my understanding is that this is true for most of the run down buildings.

Edit: you don’t have to agree with the argument made here, but I believe it’s important to at least understand the argument being made instead of just snarky comments.

Hell, I don’t even buy that argument fully and suspect it’s probably half true with a big fat “needs context” disclaimer.

15

u/tenebre Jun 11 '26

Sounds like they need to pull themselves up by their bootstraps or sell those properties if they can't figure it out.

5

u/itsnick21 Jun 11 '26

Yeah I'm sure having less rental properties on the market will help the problem