terry33
LER member level 6

Posts: 3,255
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Post by terry33 on Sept 28, 2019 9:45:51 GMT -5
Pro say, you’re always posting pro landlord articles. Why? Are You or your family landlords? I my experience in nyc, landlords, even of high class buildings are thieves and schmucks. They always fit the stereotype of being greedy, sneaky scumbags.
As for you lamenting the end of the old apt decontrol law, are you aware that law guaranteed owners a 20% return a year, FOREVER, on money invested to improve each apt? for example, that would be $3000 extra a year for each $15K invested. A guaranteed 20% a year? Do you realize how terrific that is? The best hedge funds on earth don’t make those kinds of returns.
Fvck landlords.
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