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JE163 t1_je0g1tl wrote

Reply to comment by natekrinsky in Ex-homeless tenants face mass eviction by Lower East Side landlord by natekrinsky

This will not work as long as there is no cap in place for expenses like utilities and property taxes. This will kill smaller home owners and reduce available apartments for rent thus allowing corporations to further hike prices.

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woman_thorned t1_je0tbvh wrote

That's already happening.

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ShadownetZero t1_je1tklg wrote

Therefore it cant get worse?

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woman_thorned t1_je1u1sd wrote

Therefore it is reason for more regulation, not less.

I'm sorry it's hard for you to grasp that the solution to "big corporations will buy up properties" is to regulate those big corporations, not to let small landlords continue to exploit.

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JE163 t1_je35aq8 wrote

Allow exceptions for the small home owners and I’d be more for it

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