[quote=The-Shoveler][quote=flu]
3. Single family homes exempt, unless owned by large corporations[/quote]
Not sure if Mom&Pop exemption applies to condo’s[/quote]
Condos no, single family homes …yes…But reality is 7.5% rental cap is a lot.
The more I research and read about it, some landlords are really gouging people, and it’s usually the ones most financially vulnerable. The spirit of this law is meant to protect gouging on basic necessities such as shelter. I might not agree on the implementation of this…But the spirit of this law was intended to protect the most vulnerable. I can sort of understand what some people are going through when housing because unaffordable.
