osmumten_faang t1_j7iz5yg wrote on February 7, 2023 at 3:13 AM

This is absolutely hysterical.

Rent control is universally panned by economists as being an idea with bad negative effects: https://www.igmchicago.org/surveys/rent-control/

Phaedrusnyc t1_j7kneur wrote on February 7, 2023 at 2:18 PM

Regardless.of whether you believe this or don't, it doesn't change the fact that this was a system the landlords knew full well existed and in most cases voluntarily opted into; nothing was stolen from them.

MartyMohoJr t1_j7qbchg wrote on February 8, 2023 at 5:35 PM

Imagine owning a home you can't move into yourself because there's no way to compel the tenant to leave once the initial year lease is over. Is that theft?

Phaedrusnyc t1_j7sr3mp wrote on February 9, 2023 at 3:23 AM

Um, no, not when you know you're buying a rent-regulated property and happy to accept the tax breaks that come with it.

You and yours are just so used to getting the benefit and then having the lobbying power to change the terms in your favor that actually having to abide by your legal agreements feels like theft to you.