@Twoafros@sh.itjust.works to Uplifting News@lemmy.worldEnglish • 1 month agoThese NYC Tenants Fought Their Landlord—Now They Might Own Their Buildinghellgatenyc.comexternal-linkmessage-square11fedilinkarrow-up1232arrow-down11
arrow-up1231arrow-down1external-linkThese NYC Tenants Fought Their Landlord—Now They Might Own Their Buildinghellgatenyc.com@Twoafros@sh.itjust.works to Uplifting News@lemmy.worldEnglish • 1 month agomessage-square11fedilink
minus-square@radiohead37@lemmynsfw.comlinkfedilinkEnglish-2•1 month agoI bet rent control plays a role in this situation.
minus-square@vimmiewimmie@lemm.eelinkfedilinkEnglish3•1 month agoSorry, could you help me understand what you mean? I barely know what rent control even means.
minus-square@Exec@pawb.sociallinkfedilinkEnglish2•1 month agoEither a rent ceiling for a given size, or max % of a raise per year
minus-square@vimmiewimmie@lemm.eelinkfedilinkEnglish3•edit-21 month agoSo, then, what would they have meant by saying rent control probably plays a part in this situation? Not that you are that person, of course. They just haven’t responded yet.
minus-square@Randomocity@sh.itjust.workslinkfedilinkEnglish4•1 month agoAnother unrelated person here. I’d guess they were saying that rent control makes it less feasible to have a livable location. Or that the landlord was intentionally trying to drive them out so they could raise the rent on me tenants.
minus-square@radiohead37@lemmynsfw.comlinkfedilinkEnglish1•1 month agoThat’s correct. In New York there is no incentive for the landlord to maintain the buildings when they can make more money when the tenant vacates.
I bet rent control plays a role in this situation.
Sorry, could you help me understand what you mean? I barely know what rent control even means.
Either a rent ceiling for a given size, or max % of a raise per year
So, then, what would they have meant by saying rent control probably plays a part in this situation?
Not that you are that person, of course. They just haven’t responded yet.
Another unrelated person here. I’d guess they were saying that rent control makes it less feasible to have a livable location. Or that the landlord was intentionally trying to drive them out so they could raise the rent on me tenants.
That’s correct. In New York there is no incentive for the landlord to maintain the buildings when they can make more money when the tenant vacates.