Posted Sep 9, 2022, 5:58 PM
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Registered User
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Join Date: Jun 2017
Posts: 4,738
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If we got rid of rent caps tomorrow my Clients would charge whatever they want / can, as they currently do.
If we evicted a whole 1972 building and did no work on it, we'd charge the same maximum market rents as if it were 50% full of people living there over 20+ years paying below-market rents. The only difference between these two scenarios is the extra money my Client would make.
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