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A comment on California will pay off all past due rent. Parent comment

Re:California will pay off all past due rent by emodendroket on Tuesday June 22, 2021 @03:23PM (#27595983)
Landlords are welcome to sell their property (at a likely tidy profit from what they bought it at, I might add, given current prices) and go elsewhere, if that’s what they would like to do.
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Re:California will pay off all past due rent by WalterBright on Tuesday June 22, 2021 @03:24PM (#27596000)
The price they can get for it will be reduced by the new risk of rent moratoriums.

There's a general exodus of landlords from Seattle going on due to a series of punitive laws passed against them by the Seattle City Council.

https://www.seattletimes.com/opinion/editorials/stop-new-ren...

What this means for renters is less places available for rent, at much higher prices.

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Re:California will pay off all past due rent by emodendroket on Tuesday June 22, 2021 @04:06PM (#27596505)
Maybe it will but the current market shows the exact opposite trend.
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