What Thrive 2050, the Purple Line and the prospect of rent stabilization may mean for your neighbors

[Anonymous]

Maybe they should make it a package deal. They can de-zone as long as we get strict rent controls. That should maybe keep developer profiteering and slumlording to a minimum.

https://moco360.media/2023/03/14/what-thrive-2050-the-purple-line-and-the-prospect-of-rent-stabilization-may-mean-for-your-neighbors-and-for-you/?fbclid=IwAR2NydN2i0-OqzluCBmmM41pai11RELf44wV-rnJBMUDTroF9AjIhawKhJQ

[Anonymous]

Anonymous wrote:Maybe they should make it a package deal. They can de-zone as long as we get strict rent controls. That should maybe keep developer profiteering and slumlording to a minimum.

https://moco360.media/2023/03/14/what-thrive-2050-the-purple-line-and-the-prospect-of-rent-stabilization-may-mean-for-your-neighbors-and-for-you/?fbclid=IwAR2NydN2i0-OqzluCBmmM41pai11RELf44wV-rnJBMUDTroF9AjIhawKhJQ

Strict rent control will just mean condos

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maybe they should make it a package deal. They can de-zone as long as we get strict rent controls. That should maybe keep developer profiteering and slumlording to a minimum.

https://moco360.media/2023/03/14/what-thrive-2050-the-purple-line-and-the-prospect-of-rent-stabilization-may-mean-for-your-neighbors-and-for-you/?fbclid=IwAR2NydN2i0-OqzluCBmmM41pai11RELf44wV-rnJBMUDTroF9AjIhawKhJQ

Strict rent control will just mean condos

Good. And then what for the developers once they’ve sold their inventory? Just close up and retire? Or maybe actually develop some of the underutilized land that they have locked up for more rentals.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maybe they should make it a package deal. They can de-zone as long as we get strict rent controls. That should maybe keep developer profiteering and slumlording to a minimum.

https://moco360.media/2023/03/14/what-thrive-2050-the-purple-line-and-the-prospect-of-rent-stabilization-may-mean-for-your-neighbors-and-for-you/?fbclid=IwAR2NydN2i0-OqzluCBmmM41pai11RELf44wV-rnJBMUDTroF9AjIhawKhJQ

Strict rent control will just mean condos

Will mean condos what? Owners of apartment buildings (like Southern Management) will convert them to condo buildings and retire to Aruba? Developers of apartment buildings will instead build condo buildings?

[Anonymous]

So instead of having years when your rent goes up by 0, now your landlord will just make sure to raise it every year by the maximum allowed.