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Re:California Approves Statewide Rent Control by baby on Wednesday September 11, 2019 @09:52PM (#20946953)
This is wrong. Because the landlords are still making money. If they were renting at a cost they would have sold their places a long time ago.
Re:California Approves Statewide Rent Control by shuckles on Wednesday September 11, 2019 @11:08PM (#20947524)
No, if they stopped making money they would convert to owner occupied as imputed rents are not controlled. Which is what happened.
Re:California Approves Statewide Rent Control by refurb on Wednesday September 11, 2019 @11:27PM (#20947643)
I know several landlords who are net negative on their rent. Why did they buy? For the expected appreciation.
Re:California Approves Statewide Rent Control by baby on Thursday September 12, 2019 @07:49PM (#20957695)
And that’s why housing shouldn’t be an investment