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  • Comment Detail

  • Date: 07/06/23
    First Name: Nicholas
    Last Name: Stolatis
    Email: nickcc1701@aol.com
    Organization Type: other
    Organization: Institute of Real Estate Management
  • Comment

    The efforts to provide tenants with extraordinary protections at the expense of property owners is contrary to the long term best interests of both landlords and tenants. By violating the terms of a contract, legislation that imposes unreasonable obligations on the property owner, such as limitations on the control and administration of its private property, is antithetical to prudent business practices and certainly against the principles found in the Constitution of the United States. Ultimately, the tenant protections are no more than a sham to cover the theft of the property owners' equity. There are more than adequate laws and regulations already in place to protect tenants against unreasonable actions by the small percentage of rouge landlords. Punishing all landlords is arbitrary, inequitable and discriminatory. The lobbyists pushing for these so-called tenant protections would be serving the public more effectively if they promoted the concept of government supplying financial support to enable needy tenants to retain their ability to rent suitable apartments. This would place the obligation squarely on the entity most responsible for these actions. Arbitrarily placing such public obligations on select private entities is discriminatory.