Letters to the Editor 11-21-19

Rent control losersDear ER:Writer Richard Haynes includes great details about this new law, but his assumptions are flawed [“Welcome to rent control,” ER Nov. 14, 2019]. Landlords are not winners at all. And if landlords are advised by real estate professionals, they will “catch up” to market rent quickly if they continue to raise rents 5 percent plus cost of living, every year. They need to do this every year or the value of their properties will be worth much less, based on an