I am wondering if this applies if a landlord wants to sell their property?
“landlords would need to pay relocation assistance to a renter if they want to convert their buildings to condominiums or make substantial renovations.”
May need to pad that increase a little to make up for that.
I am also thinking this may cause a surge of condo sales from Mom & Pop landlords just because they do not want to deal with this. Also Rent-control begets more rent-control.
Would not be too surprised to see a surge in evictions as well over the next 2-3 months.
