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About John Smith

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So far John Smith has created 278 blog entries.

Historical Rent Control Ruling Is Bad for Real Estate Entrepreneurs and Tenants Alike. Here’s Why.

Oregon recently made real estate history, becoming the first state in the union to implement rent control statewide. I know the Oregon real estate market well since I grew up there and bought my first rental property when I was 14. Given that, I know that Oregonians mean well with this new law; they want to control the out-of-control [...]

2019-05-17T09:24:08-07:00May 17th, 2019|Advocacy|

Proposed Amendments to Rent Stabilization Law: Creating More Problems Than They Solve?

With New York’s rent regulations up for renewal in June, there are several bills in the Legislature that claim to be designed to strengthen tenant protections. Two that appear to have garnered favor with the governor are one that would eliminate vacancy decontrol and another that would limit a landlord’s ability to revoke a preferential [...]

2019-05-16T16:09:00-07:00May 16th, 2019|Advocacy|

Opinion: Rent Control in Cambridge – Why It Didn’t Work Then and Won’t Work Now

Twenty-five years ago, a statewide ballot initiative is known as Question 9 successfully defeated rent control. The proponents of Q-9 exposed the shortcomings of rent control, which included the deterioration of the housing stock, disproportionate share of state aid, the over-regulation of private property, the creation of a divisive community and an acrimonious political climate. [...]

2019-05-16T16:05:12-07:00May 16th, 2019|Advocacy|

L.A. Set up a System to Protect Renters. What Happens When It’s Used against Them?

Debra Stone awoke one Saturday last year and headed to the kitchen to fix herself a latte when she discovered dirty water dripping from the ceiling. That flooded kitchen marked the beginning of a legal and bureaucratic odyssey for Stone, who has been displaced from her Beverly Grove apartment for more than a year. Under [...]

2019-05-15T12:45:06-07:00May 15th, 2019|Advocacy|

Landlords File Lawsuits against City of San Jose!

I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money. -Thomas Sowell, Stanford University Economist Rental housing has become a major focus in the march towards socialism in the U.S. The socialist agenda is to eliminate the [...]

2019-05-15T11:23:13-07:00May 15th, 2019|Advocacy|

The Insanity of the Push for Rent Control

One popular definition of insanity is: doing the same thing again and again while expecting a different result. Decades of evidence show that rent controls are a bad idea, yet several Californian cities maintain their rent-control ordinances. A new proposal working its way through the legislature would double down on this insanity by implementing it [...]

2019-05-15T10:48:20-07:00May 15th, 2019|Advocacy|

San Diego Landlords Could Face Historic Rent Control Legislation

In San Diego, landlords can increase a tenant's rent by any amount when their lease expires, as long as they give the required legal notice to their renters, but that could all change if Assembly Bill 1482 becomes law. The bill would ban landlords from increasing rents by more than 5% per year plus the rate of [...]

2019-05-15T09:44:16-07:00May 15th, 2019|Advocacy|

Study: NIMBYism Is Limiting New Apartments

Rents have been skyrocketing in recent years, but now a new survey of government officials, private developers, and owners say a big reason why more affordable units aren’t being added is because of not-in-my-backyard mindsets. NIMBYism was by far the most common response when asked what were the most significant issues affecting multidevelopment in [...]

2019-05-15T09:38:04-07:00May 15th, 2019|Advocacy|

Rent Control Board Asking for Restrictions on Renovations

Landlords could no longer renovate occupied apartments without a tenant’s consent and would be prohibited from subdividing rent-controlled units under a resolution the Rent Control Board is recommending to City Council. Landlords are renovating and subdividing apartments to displace long-term tenants, said board member Anastasia Foster. They can then charge higher rents to new tenants or take [...]

2019-05-14T09:11:29-07:00May 14th, 2019|Advocacy|

NYC Publicist Claims Doctor Tenant Trashed Her Apartment

A Manhattan publicist claims to have been through a nightmarish experience renting her triplex apartment to an uptown doctor — who, according to court papers, did $250,000 of damage within days of getting the keys, changed the locks, made holes in the walls, tore down wallpaper, “threw out television sets [or] gave them away” and [...]

2019-05-13T15:00:10-07:00May 13th, 2019|Advocacy|