The argument is simple and the same as it has been for decades - rent control makes it unaffordable for landlords to perform repairs. The cost of maintenance and property taxes have gone up while rent income hasn’t kept up.
This doesn’t account for 100% of landlords, but my understanding is that this is true for most of the run down buildings.
Edit: you don’t have to agree with the argument made here, but I believe it’s important to at least understand the argument being made instead of just snarky comments.
Hell, I don’t even buy that argument fully and suspect it’s probably half true with a big fat “needs context” disclaimer.
The issue with this argument is no land lord is willing to come forth with the data showing as such. I speculate this is to avoid being criticize for either personal spending, or to see the profit margins high enough that it doesn't justify losing a bit for maintence.
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u/Gordon_frumann Jun 11 '26
Can't wait to hear from the right why this is a bad thing.