Posted by Provost on September 10, 2001 at 02:18:59:
In Reply to: Re: NYC Sublet Overcharge - Laws? posted by link on September 09, 2001 at 20:27:49:
High or low, rent stabilzed rents are "artificial" because they are set and increased through a political process - neither owner nor tenant can directly affect them.
Free market rents are set directly by negotiation between landlord and tenant.
All other things being equal, I much prefer to deal directly with owner/landlord than to have rents decided by some city bureacracy.
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