Submitted by seanner_vt2 t3_yiaac1 in vermont
contrary-contrarian t1_iuizu7p wrote
Reply to comment by Kiernanstrat in Accurate by seanner_vt2
How is that any different then now...?
This provides some limit vs. none.
It is advantageous to keep tenants because tenant turnover = admin costs.
Turning over a tenant every year is a massive pain in the butt.
I would also support banning no-cause evictions to stop what you're saying from happening (with carveouts for selling the property/owner occupancy).
Kiernanstrat t1_iuj5a2m wrote
It wouldn't be an eviction because the lease would clearly state it is for 1 year and 1 year only. Turning over a unit would involve maybe a day of work getting a listing posted and scheduling showings then a few hours of showings. There would be no issue getting a new tenant in the current market and the situation isn't changing anytime soon. The increase in rental fees would cover these costs easily and most large landlords use a property manager anyway so little headache on their part to do that.
thisoneisnotasbad t1_iuj8jdp wrote
Yup, spread out a month of operation costs across 12 months of rent and you don’t lose anything.
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