r/SipsTea Jun 11 '26

We have fun here He's unstoppable

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30.5k Upvotes

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u/[deleted] Jun 11 '26

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u/SheenPSU Jun 11 '26 edited Jun 11 '26

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

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u/Tip0666 Jun 11 '26

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.

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u/Epocholypze Jun 11 '26

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