They can live with me.
I've always thought the hard "full rent control no hikes above inflation" "no rent control do whatever" dichotomy was stupid.
Why not compromise? Like 5% above inflation (or $50, whichever is higher) on all properties, regardless of how old or new they are. Allows a landlord to adapt to a shifting market, and gives a renter plenty of time to adapt and adjust as a landlord is changing rent yearly.
Then get rid of all the silly "year constructed" exceptions.
I'm guessing there's a rule against this, unless he can find another tenant that will actually pay that.
A landlord has an absolute right to raise rent whenever he feels like it. Don’t like it? Buy your own house!
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