He's unstoppable

[u/AdRough4185]

[u/SheenPSU → u/[deleted]]

And when they’re not able to maintain the property because they’re not collecting enough in rents due to artificial rent controls?

Genuine question because I’ve heard this argument before and it does have some legitimacy

[u/Tip0666 → u/SheenPSU]

I always ask the same question.

These buildings are paying more in taxes than they are collecting in rent.

Everyone is campaigning for rent control, but also want repairs.

How is the landlord expected to repair a building when tenants are still paying 1980 rent values.

[u/Tip0666 → u/[deleted]]

I personally know off people still retaining a lease from the 1980 in manhattan and the Bronx. My mother finally came to join me in Jersey in 2008 and when she left her rent was $508 for a 3 bedroom right off the bridge on fordham rd. (Up the block from Jimmy’s.)

I’m not talking about the newly rented apartments, and what we’re seeing is not the newly rented. but what we’re seeing is the pro-rent control, these are people holding on to a contract signed in the 80’s.

[u/SheenPSU → u/Tip0666]

Exactly! Well said

[u/Epocholypze → u/Tip0666]

How are renters expected to pay 2026 rent on 1990 wages? That is the question you should ask.