Trending Content - Real Estate Forum
| +36 | Nadeem OUT At Blackstone - What Now? | 21 | 12h |
| +29 | Is there a market for this type of product? | 4 | 5d |
| +23 | Anyone Actually Outsourcing Underwriting / Asset Management? | 4 | 2d |
| +20 | SWF/Pension Funds in RE | 3 | 2d |
| +12 | CRE Credit → Capital Markets | 2 | 1d |
| +7 | REPE AM Modelling Test / Case Studies? | 2 | 2d |
| +6 | PRE MBA IB back to IB | 1 | 7h |
| +6 | How Much Do You Budget Annually for Pool Maintenance? | 1 | 3d |
| +6 | JD/LLM career path to REPE advice | 1 | 2d |
| +3 | REPE/Family Office Recruiters SFL | 1 | 9h |
Career Resources
NIMBYs advocating rent control is eternally frustrating.
The solution to housing shortages or runaway housing prices is to both build more and create a robust government subsidy program for workforce and tax credit housing.
I'm ready for my MS from other pleb renters who take it upon themselves to be upset on behalf of their wealthy bosses but the greater of 3% or 150% of CPI is not that bad on renewals. Can always mark to market on the turn.
Until rents on vacant units skyrocket because of the lack of available apartments for renters. I'm sure they'll go after that too.
Which is one of the major issues of rent control - it encourages slumlord behavior. If you can only get 3% on a renewal but can get 5%-7% on a new lease, what's your incentive to fix that broken dishwasher or replace the filter on the HVAC unit? Plenty of shitheads out there will just annoy their tenants until the tenant gets fed up and leaves.
Yes, genius. Expenses rising by 6% annually and rents rising by 3%...sounds like a plan for profit.
Officia distinctio incidunt rerum molestiae. Laborum quod omnis nisi optio totam atque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...