Fred Griffin Tallahassee Real Estate, Licensed Florida Real Estate Broker (Fred Griffin Real Estate)

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Rainmaker
806,537
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I don't know how landlords can stand owning in California. Especially in Santa Monica, West Hollywood, Hollywood, Lordy. When we moved out here in 1993 my husband lived in a duplex in Hollywood just off the Sunset Strip a beautiful neighborhood wonderful property 175 a month should have been 1200 and that was then.

Feb 04, 2018 07:33 PM
Rainmaker
1,506,511
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Yes, some areas of L.A. county are rent control, depends on the age of the building. I'm ok with that since it is all depends what side you are on. I just had one in West L.A. so I called city, went to a seminar, read all I could find online. Eventually I found a solution, my client is happy.

Feb 04, 2018 07:01 PM
Rainmaker
3,463,835
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I grew up with it in NYC in the 1950's and still quite a few apartments that are rent controlled. In the 1960's there was a move toward rent stabilization. Have not heard of it here in Charlotte.

Feb 05, 2018 03:54 AM
Rainmaker
54,130
Jordan Ayan
The Lifestyle Collection - Scottsdale, AZ
Luxury Market Expert, CLHMS,Million Dollar Guild

Rent control is dangerous and is like poking a stick in the flywheel of the free enterprise system. 

Feb 04, 2018 08:35 PM
Rainmaker
424,975
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Not here but I used to live in San Francisco where once people rent they won't leave.  Some people that I know pay $300 for a one bedroom apartment or $500 for 2 bedrooms in a nice neighborhood in San Francisco.  New tenants will be paying $1900 for one bedroom in the same location. I don't need to buy a house if I can rent a 2 bedrooms apartments for $500.  Just rent the other room for $1500 a month.

Feb 05, 2018 05:01 PM
Ambassador
4,706,783
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I would be dumping my rentals at the first hint of such an atrocious thing.

Feb 05, 2018 09:31 AM
Rainmaker
705,843
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

No rent control here in AZ. It's the wild wild west. ... and that's a good thing. Let the market forces prevail.

Feb 05, 2018 06:25 AM
Rainmaker
1,025,141
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

It's in SF, trying to expand. I'm not aware of any in SD.

I'm 100% against it. But, I'm a landlord.

Feb 05, 2018 06:05 AM
Rainmaker
1,313,279
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

As with anything the government touches it becomes a quagmire.

Feb 05, 2018 04:00 AM
Ambassador
2,463,243
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      Free Market / Private Property Rights!

     If an investor (including you or I) purchase a piece of real estate, we own it, we maintain it, we pay property taxes on it, the real estate is ours. 

     That house or apartment or condo does NOT belong to the State, it does NOT belong to the tenant, it does not belong to "the people"   We, the owner of that real estate, have a God-given right to charge what the market will bear.  

Feb 05, 2018 08:49 AM
Rainmaker
5,830,275
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We do not have rent controls in our area.

Feb 05, 2018 06:32 AM
Rainmaker
3,372,279
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Rent control is not the answer to the housing problem, the answer is simple shorten the building approval process and let developers build enough to meet the demand...Restricting developers from building and in turn tying the hands of investors is a recipe for failure... that is one of the reasons Los Angeles has the dubious distinction of having 40-60k homeless people...

Feb 04, 2018 10:02 PM
Ambassador
2,955,254
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

we do not and I'm a huge fan of free marketplace.

Feb 05, 2018 12:54 PM
Rainmaker
3,985,575
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I wold be against it if we had it.

Feb 05, 2018 09:33 AM
Rainmaker
1,301,342
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thankfully not!  As a landlord, I'm against it.  Having heard about the abuses in Santa Monica, I'm against it.  Having the government dictate how I can us my money to earn money... well, it isn't a tax on tea but it's damn close enough for me! 

 

If it does become law, I'll be selling my rentals and taking them out of state.

 

Feb 05, 2018 09:04 AM
Rainmaker
1,338,450
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

We do not Fred Griffin 

Feb 05, 2018 07:53 AM
Rainmaker
1,407,427
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Fred Griffin We do not have rent control in my County in Northern Virginia. I believe Washington, DC does have some. I believe it would hurt our economy because a lot of DC workers and military who live here rent.

Feb 05, 2018 07:02 AM
Rainmaker
5,361,880
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

there's no rent control here.... the rents are sky high in my town and triple that in Boston....

Feb 05, 2018 05:54 AM
Rainmaker
3,599,941
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a fan, but rents are a bit out of control in downtown Chicago. The latest is up to 4 months free rent and other incentives for 15-18 month leases. Supply is exceeding demand with no end in sight.

Feb 05, 2018 05:51 AM
Rainmaker
3,168,664
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

We do not have it NH and I am against it. I do not like the government putting up more regulations. It hurts values and property owners

Feb 05, 2018 05:32 AM
Rainmaker
1,611,452
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Of course it will Fred, it's CA. I don't have anything pro or against it. Don't really understand it like in NY's case.

Feb 05, 2018 04:57 AM
Rainmaker
577,189
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

We have had rent control here for years.  I think it is a good thinkg as it prevents unscrupulous landlords from raising the rent at will to an unreasonable amount.  I don't agree however, with the way it is so one-sided... Tenants have all the rights, Landlords seem to have few..  The Government recently implemented a change. The Landlord can no longer giver notice to Tentants because "he" or a "family member" is moving in.  PLUS we cannot collect a "damage deposit" here as it illegal so if the Tenant destroys the property and takes off, the Landlord has no recourse if he can't find them.

Feb 05, 2018 04:43 AM
Rainmaker
846,120
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

We do not have it and doubt we ever will.

Feb 05, 2018 04:33 AM
Rainmaker
1,997,847
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

The need for affordable housing. Thank goodness no Fred Griffin. Plenty of affordable housing to buy and for leasing in small rural areas.

Feb 05, 2018 03:45 AM
Rainmaker
785,446
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Don't see it much around here in VA, but there are apartment buildings that maintain set prices, and there are programs in some counties that help people be able to afford to live there. But what most people do is move farther out where housing is cheaper, then they commute 1-2 hours. I know teachers in Fairfax county that could only afford to buy a house in Winchester or WV, then they drive 1.5-2 hours one way to work. Here is link to housing scenario in town 20 minutes South of us. This happens all over. There is such a long waiting list for ADU ( affordable Dwelling Units), and rentals, that most agencies quit accepting applications. people get tired of waiting and rent farther out, then communte.

https://affordablehousingonline.com/housing-search/Virginia/Purcellville

Feb 05, 2018 03:08 AM
Ambassador
4,306,594
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Fred Griffin for Section 8, yes. I doubt it exists otherwise.

Feb 04, 2018 10:44 PM
Rainmaker
4,872,763
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Fred,

Like Inna Ivchenko said, we have it in various parts, and when homes in Montecito median prices are $4million, where do those who work in town live?  I am not fond of any control.  A

Feb 04, 2018 10:02 PM
Rainer
353,160
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

Not yet but the city council keeps trying to enact it.  I have a condo which would not fall under rent control per the city ordinance.  I'm not for it.

Feb 04, 2018 09:42 PM
Rainer
76,776
Steve Penner
Royal LePage / Moneyledgers Software - Winnipeg, MB
REALTOR / Owner of Moneyledgers

We have had rent controls in my market for decades... and it has been a mixed bag.

On one hand, tenants have a more stable predictable rent rate...but we ended up with many poorly maintained rental buildings and a significant shortage of rental apartments.

Over time, rules were relaxed and adjusted to strike more of a balance.. which has improved things significantly.  

 

Feb 04, 2018 08:10 PM
Rainmaker
460,131
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Rent control measures have been passed in Portland and our concern is what happens in that crazy town spreads to the rest of the state. 

Feb 04, 2018 08:07 PM
Rainmaker
503,567
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Sometimes Landlords can get greedy ... this stops that.

Feb 04, 2018 07:48 PM
Rainmaker
1,085,866
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Yes. 10-20K a home or 6K for a flat is excessive.

Feb 04, 2018 07:15 PM
Rainmaker
1,736,084
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

It was considered in many Western ND Cities during the oil boom. Greedy landlords increased their rents by as much as 100%. It was a horrible deal for low and fixed income people Fred Griffin . 

Feb 04, 2018 07:10 PM
Ambassador
2,209,455
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

We don't have that in my area.

Feb 05, 2018 07:41 PM
Rainmaker
2,878,896
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Many areas do have rent control. Our rents are outrageous. I do not know how some people afford to pay the rent they pay.  Long term tenants certainly do well with rent control. 

Feb 05, 2018 07:45 AM
Rainmaker
1,543,802
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Fifteen Years Experience in Brevard County

Not real familiar with the topic although I think that the market will control the rent (possibly naive)....

Feb 05, 2018 07:34 AM
Rainmaker
4,432,850
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Feb 05, 2018 06:35 AM
Rainmaker
3,429,441
Richard Weeks
Dallas, TX
REALTOR®, Broker

Not here.

Feb 05, 2018 06:34 AM
Rainmaker
1,912,151
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Not in our area 

Feb 05, 2018 06:31 AM
Ambassador
1,706,647
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Not in Oklahoma. The problem in places like San Francisco is that a one bedroom dump in the Mission District can be $3500 a month.

Feb 05, 2018 04:59 AM
Rainmaker
479,439
Lana Robbins Realtor ® Licensed Real Estate Broker
Aloha Kai Real Estate - Clearwater, FL
Licensed in Florida, Washington, and Hawai'i

Rent control artificially creates scarcity which ends up driving up the price and cost of housing for everyone. I am not a fan.

Rent control for residential properties is against the law in the State of Washington http://apps.leg.wa.gov/rcw/default.aspx?cite=35.21.830 I am very happy about that.

I hope the State of Florida bans it too.

Feb 07, 2018 08:06 PM
Rainmaker
4,798,723
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I can see the necessity of this in some areas, but generally, I'm not a fan.

Feb 06, 2018 05:55 AM
Ambassador
3,985,140
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

There are some rent control areas and complexes and they fill a need. I'm glad the rest of the market can work buy supply and demand.

Feb 05, 2018 09:40 PM
Rainmaker
772,812
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Only know of it in New York City; not aware of any in CT.

Feb 05, 2018 07:15 AM
Rainmaker
3,064,754
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Jordan Ayan nailed this one!

Feb 05, 2018 06:47 AM
Rainmaker
2,552,085
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Landlords want the highest ROI they can get & tenants want to live in nice areas...it goes on. Witnout some control it can get out of control fast. 

Feb 05, 2018 06:21 AM
Rainmaker
817,385
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Much like GREEDY investors (landlords) the government does not abide by common sense limits. Enough is never enough.

My heart turns in the direction of the sentiment expressed by Endre Barath, Jr. 

If you squeeze the balloon the effect pops up somewhere else. And those who govern over us use equally misguided efforts to address the popup.  The list of examples of misguided governance is mind boggling.

Tampa Florida declared itself a sanctuary city. So the illegals flocked in. Since police can not check citizenship status the have invented a 'sex-trade' epidemic to harass non-while business owners who just happen to have lots of family running the business. The back up plan to address the 'pop-up' will be an epidemic of human trafficking. All of this the outcome of empty heads getting their way.

Rent control, implemented by empty heads, will not be a pretty picture. But, from what I hear, it seems to be working in NYC.

Feb 05, 2018 06:06 AM
Rainmaker
583,283
Tony Lewis
RE/MAX of Valencia (Hall of Fame) 30 year Valencia Resident - Valencia, CA
Summit Real Estate Santa Clarita & OC Laguna Nigel

There is rent controll in many communities in Southern California including Santa Monica.  I am a home owner and a Realtor and with either hat it is not a good thing for me.  Home owners are under attack now more than ever.  The continuation of the affront will lead to a depression that hasn't been seen ever before including the great depression.  Prices will plummet, foreclosures will become more prevalent than ever before and banks will fold.  Business will follow and homelessness will be coming to all of us except those with incredible amount of equity or if they owe nothing.  They will need jobs to pay their property taxes though.

Feb 04, 2018 11:31 PM