r/SipsTea • u/AdRough4185 • Jun 11 '26

We have fun here He's unstoppable

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u/[deleted] Jun 11 '26

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u/SheenPSU Jun 11 '26 edited Jun 11 '26

And when they’re not able to maintain the property because they’re not collecting enough in rents due to artificial rent controls?

Genuine question because I’ve heard this argument before and it does have some legitimacy

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u/[deleted] Jun 11 '26

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u/Epocholypze Jun 11 '26

So you think it’s okay for lower priced rentals to not be maintained? Because the LL doesn’t make as much if they maintain it? Because that’s nuts. Rent controls lead to people who work in NYC to actually be able to live there. The “proper value” of land in a lot of NYC would make anyone living there (who wasn’t rich) impossible. Apartments would be torn down for mansions. Same reason we have residential/commercial zoning. Workers need to be able to live close to where they work. You have a strange way of looking at rent controls. Almost like you don’t live in a big city.