Ok-Mess-2729

Ok-Mess-2729 t1_ja4vrbj wrote

Reply to comment by klasbatalo in Going against slumlords by MrArkAngel11

You are right, but you don’t have to abide by the rules if you just don’t rent the unit. I have one sitting, thinking about just making it a one family to avoid the hassle. Or putting family in it with an informal agreement. I think you will see a lot of that especially from people who don’t need the money to pay the mortgage.

1

Ok-Mess-2729 t1_ja4v0nz wrote

Reply to comment by klasbatalo in Going against slumlords by MrArkAngel11

What I am saying is that requiring those things will drive out smaller landlords (example, owner occupied two family), renting units will be less attractive to those small investors and will lead way to more corporate landlords with money and attorneys at their disposal.

2

Ok-Mess-2729 t1_ja43v1b wrote

Reply to comment by klasbatalo in Going against slumlords by MrArkAngel11

That’s a great premise but in that case a lot of smaller owners just won’t rent out available units (or rent only to friends or family). They will lead to more supply than demand and drive up rent. If you over regulate, people won’t bother putting units out to market.

1

Ok-Mess-2729 t1_ja14nh6 wrote

Slumlords actually suck, Agree completely. Do you think some of these tactics will deter good landlords? Especially those who own smaller multi families? At some point it would be easier to just rent to people you know or family further narrowing the availability of rentals

4