Posted by Lilly on October 30, 2001 at 15:59:12:
In Reply to: Rent controlled apartments: Already taken posted by Provost on October 30, 2001 at 15:05:28:
So Provost, you finally show your true colors! You are in fact a landlord!! haha!
A miniscule number of apartments have rents that low, landlords can raise the rents as long as the premises are kept up, etc.
No one is forcing a person to buy a building with rent controlled apartments in it. In my building with 46 apartments the turover has been so great in the past 10 years that there are exactly 3 rent controlled apartments left.
Within 10 years there won't be any rent controlled apartments left, so be paitent....
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