Comments on: Exempt senior landlords who live in their buildings from rent control http://actlocallysf.org/blog/smartsolutionsblog/2007/07/24/exempt-senior-landlords-who-live-in-their-buildings-from-rent-control/ The ActLocallySF Smart Solutions Blog Thu, 22 May 2008 20:10:25 +0000 http://wordpress.org/?v=wordpress-mu-1.0 by: Gretchen Cotter http://actlocallysf.org/blog/smartsolutionsblog/2007/07/24/exempt-senior-landlords-who-live-in-their-buildings-from-rent-control/#comment-126 Wed, 01 Aug 2007 20:22:18 +0000 http://actlocallysf.org/blog/smartsolutionsblog/2007/07/24/exempt-senior-landlords-who-live-in-their-buildings-from-rent-control/#comment-126 I think this is an excellent idea. Many seniors would like the income from renting out part of their home or a unit in a building where they are an onner-occupant. Unfortunately it is too, too easy to end up with a "tenant from hell" who uses rent control to take advantage of the building owner. Just look around and see how many small units have been taken off the market because the risk of having a rent controlled tenant outweighed the value of the potential income. While I would like to see this idea expanded to include all owner-occupied buildings, I agree that senior owners are probably more vulnerable to being taken advantage of and more likely to take units off the market entirely. This is an excellent ide - I hope it will be given serious consideration.<ul><li><label>Overall Rating</label>: 10</li> </ul> I think this is an excellent idea. Many seniors would like the income from renting out part of their home or a unit in a building where they are an onner-occupant.

Unfortunately it is too, too easy to end up with a “tenant from hell” who uses rent control to take advantage of the building owner. Just look around and see how many small units have been taken off the market because the risk of having a rent controlled tenant outweighed the value of the potential income.

While I would like to see this idea expanded to include all owner-occupied buildings, I agree that senior owners are probably more vulnerable to being taken advantage of and more likely to take units off the market entirely.

This is an excellent ide - I hope it will be given serious consideration.

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