Comments on: Truth be told: Protected tenants and what you need to know http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/ Real Estate, Insight, Statistics, Gossip, & News...With a Twist and Some Flavor Mon, 21 May 2012 00:11:30 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: paco http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3276 paco Wed, 06 Aug 2008 17:48:00 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3276 zacks, utrecht and leadbettor (sp?) are the best in the city. they deal with this kind of issue every day. andrew zacks is the ellis king and has done more of them than anyone else. zacks, utrecht and leadbettor (sp?) are the best in the city. they deal with this kind of issue every day.

andrew zacks is the ellis king and has done more of them than anyone else.

]]> By: AndrewM http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3275 AndrewM Wed, 06 Aug 2008 17:27:46 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3275 Zang, what law firms would you recommend to use that specialize in litigation on the Landlords side? Zang,

what law firms would you recommend to use that specialize in litigation on the Landlords side?

]]> By: anna http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3262 anna Mon, 10 Dec 2007 19:56:51 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3262 This is the sort of human insight I want to give my own readers, so I will be linking to your story in the next couple of days. Thanks for sharing! -A This is the sort of human insight I want to give my own readers, so I will be linking to your story in the next couple of days. Thanks for sharing!

-A

]]> By: james http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3263 james Mon, 10 Dec 2007 18:10:45 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3263 i found that on google, so i can't take credit for it i found that on google, so i can’t take credit for it

]]> By: eddy http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3268 eddy Mon, 10 Dec 2007 17:06:42 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3268 James, that was actually a nice little history lesson. Thanks! James, that was actually a nice little history lesson. Thanks!

]]> By: John http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3264 John Mon, 10 Dec 2007 16:16:09 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3264 I don't mind rental control if it is indexed to the REAL inflation, not some stupid number put by the rental board. I don’t mind rental control if it is indexed to the REAL inflation, not some stupid number put by the rental board.

]]> By: james http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3272 james Sun, 09 Dec 2007 20:14:59 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3272 It was 1979. Elvis was dead. Disco was king. A weird mixture of inflation and recession -- called stagflation -- was so wracking the U.S. economy that Ronald Reagan was able to base his presidential campaign on a promise to address the crisis through an untested set of policy initiatives known collectively as supply-side economics. In the spring of that year, San Francisco landlord Angelo Sangiacomo abruptly raised the rent on 5,000 middle-class tenants. Renters across the city revolted, organizing themselves to put a strict rent control ordinance on the fall ballot. Then-Mayor Dianne Feinstein and the San Francisco Board of Supervisors pre-empted the tenants' initiative by quickly enacting rent controls that were more moderate than the ones headed for the ballot. Feinstein's rent control law was intended to be temporary, lasting only as long as the hyperinflation that was then afflicting the economy. This initial version of rent control was intended to serve a definite group: "senior citizens, persons on fixed incomes and low and moderate income households." People, that is, who were having a hard time paying rent. It was 1979. Elvis was dead. Disco was king. A weird mixture of inflation and recession — called stagflation — was so wracking the U.S. economy that Ronald Reagan was able to base his presidential campaign on a promise to address the crisis through an untested set of policy initiatives known collectively as supply-side economics.

In the spring of that year, San Francisco landlord Angelo Sangiacomo abruptly raised the rent on 5,000 middle-class tenants. Renters across the city revolted, organizing themselves to put a strict rent control ordinance on the fall ballot. Then-Mayor Dianne Feinstein and the San Francisco Board of Supervisors pre-empted the tenants’ initiative by quickly enacting rent controls that were more moderate than the ones headed for the ballot.

Feinstein’s rent control law was intended to be temporary, lasting only as long as the hyperinflation that was then afflicting the economy. This initial version of rent control was intended to serve a definite group: “senior citizens, persons on fixed incomes and low and moderate income households.” People, that is, who were having a hard time paying rent.

]]> By: Sophie http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3265 Sophie Sun, 09 Dec 2007 07:55:04 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3265 I'd just like to know ONE example where rent control/protected tenants laws are to the ADVANTAGE of the tenant. So far I've never found one (beside the rich single abuser of the system - and I'm not even sure it's really to his/her advantage), no rent means no money means no maintenance of the place. What does it give after 20years? I know a lady who pays less than $200/month. She has had 4 or 5 landlords .. but the last 3 ones never spent a dime on her unit - which after 20years of NO maintenance leaks everywhere. Roof, bathrooms, plumbing etc. The current deal is that her own family does the maintenance "for free" (like they come to fix the unit during week-ends) - she wont complain, and the landlords keep her around (never been any disagreement from what I know) In that case, she simply refuse to leave the place she has been living in for many decades. BUT IT'S "hazardous" "dagerous". It's not accessible, there is old peeling lead paint, mold, no proper heating, no double glazing etc. From a pure financial point, I figured out that IF the city is getting the chinchin from the property taxes (which are proportional to the sale price thus to the current market value), THEN the city should refound some of it in "voucher" . So the protected tenant wont pay more, the landlord will get more, and the city gets the right to stick their nose and disqualify some "cheaters". (I know, it would be very difficult to enforce and make it fair.. but right now, they dont do anything at all) anyway. I've seen rent control in several countries/cities, and I've never seen it work. Quite the contrary. Some cities with NO rent control manage to have a better rent market: rents are not artificially raised to anticipate the frozen rents for many years to come, people are free to move around as their needs change (old lady moving to an accessible unit) etc. what were they thinking. Who was the ChrisD at that time? I’d just like to know ONE example where rent control/protected tenants laws are to the ADVANTAGE of the tenant. So far I’ve never found one (beside the rich single abuser of the system – and I’m not even sure it’s really to his/her advantage),

no rent means no money means no maintenance of the place. What does it give after 20years?

I know a lady who pays less than $200/month. She has had 4 or 5 landlords .. but the last 3 ones never spent a dime on her unit – which after 20years of NO maintenance leaks everywhere. Roof, bathrooms, plumbing etc.

The current deal is that her own family does the maintenance “for free” (like they come to fix the unit during week-ends) – she wont complain, and the landlords keep her around (never been any disagreement from what I know)

In that case, she simply refuse to leave the place she has been living in for many decades. BUT IT’S “hazardous” “dagerous”. It’s not accessible, there is old peeling lead paint, mold, no proper heating, no double glazing etc.

From a pure financial point, I figured out that IF the city is getting the chinchin from the property taxes (which are proportional to the sale price thus to the current market value), THEN the city should refound some of it in “voucher” . So the protected tenant wont pay more, the landlord will get more, and the city gets the right to stick their nose and disqualify some “cheaters”.

(I know, it would be very difficult to enforce and make it fair.. but right now, they dont do anything at all)

anyway. I’ve seen rent control in several countries/cities, and I’ve never seen it work. Quite the contrary. Some cities with NO rent control manage to have a better rent market: rents are not artificially raised to anticipate the frozen rents for many years to come, people are free to move around as their needs change (old lady moving to an accessible unit) etc.

what were they thinking. Who was the ChrisD at that time?

]]> By: Live Smart http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3270 Live Smart Sun, 09 Dec 2007 02:54:12 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3270 The additional lesson to be learned by all landlords, willing or otherwise, is NOT to lease to PROTECTED tenants ie. elderly or disabled folks. They will ruin any chances you may have to sell the place in the future as well as being a ton of trouble if they proved to be problem tenants down the road. [<strong>Editor's note</strong>: It doesn't sound like Zang's tenant was elderly or disabled...that's the rub!] The additional lesson to be learned by all landlords, willing or otherwise, is NOT to lease to PROTECTED tenants ie. elderly or disabled folks. They will ruin any chances you may have to sell the place in the future as well as being a ton of trouble if they proved to be problem tenants down the road.

[Editor's note: It doesn't sound like Zang's tenant was elderly or disabled...that's the rub!]

]]> By: james http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/comment-page-1/#comment-3267 james Sat, 08 Dec 2007 22:40:47 +0000 http://thefrontsteps.com/2007/12/07/truth-be-told-protected-tenants-and-what-you-need-to-know/#comment-3267 maybe your tenant is that loser balanced viewpoint that says renters can be millionaires. he just didn't admit what a piece of [removed by editor] you have to be to get there. ;) why aren't there rules like income qualification for rent control just like for bmr's when purchasing? you should not get any help with rent when you are single and make too much to qualify for a bmr. rediculous!!!! [<strong>Editor's note</strong>: Please attack the issue all you want, don't attack the other readers.] maybe your tenant is that loser balanced viewpoint that says renters can be millionaires. he just didn’t admit what a piece of [removed by editor] you have to be to get there.

;)

why aren’t there rules like income qualification for rent control just like for bmr’s when purchasing? you should not get any help with rent when you are single and make too much to qualify for a bmr. rediculous!!!!

[Editor's note: Please attack the issue all you want, don't attack the other readers.]

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