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Re: Wellcome Newcomer

Posted by satori on January 29, 1999 at 21:15:42:

In Reply to: Re: Wellcome Newcomer posted by richard on January 29, 1999 at 21:06:32:

I suppose it depends on how tax is defined. Today a $1.50 atm fee for $20
is not a tax but a market response. But the whole reason ATMs were put in were

to save money on expenses of running the company (the bank)
In fact it well in my case has been a nightmare, these so called "market
rates" have just been a justification on tha landlords part to attempt
to "extort" more money out of me. for example a $10.000.oo . perferd
in cash to have the person go away, that wants to live in my apartment.
Of couse you know my anser I disagree, the whole reason for controls is to
prevent just this . Landlords using fear and extortion to obtain more rents
and not reason.

: : I thought the same thing my self i was paying a high rent, but then I looked into it
: : and seen that i was stabilized. And i came across some interesting stats.
: : Most of the millions of people that live in Nyc are stablilized from 60%
: : to 80% her ein Manhattan have some sort of control or stabliization.
: : And don't worry your not paying thebill for stabilization and control of
: : programs, the landlord gets all kinds of tax breaks ectera.

: :YOU'RE ALL WET...................

: the landlord does get tax breaks...for rent control and rent stabilized apartments, BUT GUESS WHAT..
: they are real estate tax breaks, so it doesnt matter whether you pay $600 a month or
: $2000 the LL will still make a certain % profit on the apartment....

: Of course nowadays if its more profitable to get NO TAX breaks, and charge full rent, then who loses and wins??

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