Tilted Cat Head
Administrator
Location: Manhattan, NY
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That is not what I got out of reading your statements about the landlord/window and the non-profit, for that situation I'm at a loss to understand how it applies with the conflicts I understand and read in this last post.
I'm not understanding the idea of a broken system is because the system exists. It's a bit too philosophical to me, but I'll take it to understand that because it cannot remedy all situations 100%, it is broken for someone.
I would believe that the regulations in place are not necessarily for the well being of the tenant, but are also for the well being of the capital. The capital is taxed at some point on it's gains, so there is an interest in the state to increase it in some fashion, hence assessments based on criteria that changes each year.
In turn that capital care, does create some well being for me as a landlord. I'm given incentives to purchase property, rent out at reasonable rental rates, care for the property, etc. at some point my investment will become profitable and allow me to care for myself with my own dollars and pay some taxes instead of having some sort of state welfare or expediture for my well being.
I'm more willing to swallow that it's not a binary situation, but more a compromise in some fashion.
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