<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: What Happens To Apartment Buildings When Neighborhoods Become &#8220;Trendy&#8221;?</title>
	<atom:link href="http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/</link>
	<description>Welcome to the beautiful life</description>
	<lastBuildDate>Fri, 10 Feb 2012 05:23:20 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
	<item>
		<title>By: Nate</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111721</link>
		<dc:creator>Nate</dc:creator>
		<pubDate>Thu, 10 Apr 2008 18:33:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111721</guid>
		<description>I am actually not a republican or a democrat.  I did vote for Obama however.  At the same time, I agree alot with Clarence Thomas and the likes of Juan Williams and Larry Elders.  I guess that makes me an enigma of sorts.  Bottom line: you can&#039;t put people in a box.

Some people feel that they are entitled to everything.  I don&#039;t happen to feel that way.  As I said, I am a landlord.  I have seen the effects of giving out free housing.  I have also seen the effects of artificially holding rents low even when there is more affordable housing available elsewhere.

Both ultimately hurt the poor much more than they hurt the well to do.  For it keeps them in substandard housing thinking that they can&#039;t do better and it allows the more affluent to get the same rent controlled benefit that should accrue to the poor.  Who, with a straight face, can say that someone like me should be afforded the same rent control regulation as a inner city school teacher?</description>
		<content:encoded><![CDATA[<p>I am actually not a republican or a democrat.  I did vote for Obama however.  At the same time, I agree alot with Clarence Thomas and the likes of Juan Williams and Larry Elders.  I guess that makes me an enigma of sorts.  Bottom line: you can&#8217;t put people in a box.</p>
<p>Some people feel that they are entitled to everything.  I don&#8217;t happen to feel that way.  As I said, I am a landlord.  I have seen the effects of giving out free housing.  I have also seen the effects of artificially holding rents low even when there is more affordable housing available elsewhere.</p>
<p>Both ultimately hurt the poor much more than they hurt the well to do.  For it keeps them in substandard housing thinking that they can&#8217;t do better and it allows the more affluent to get the same rent controlled benefit that should accrue to the poor.  Who, with a straight face, can say that someone like me should be afforded the same rent control regulation as a inner city school teacher?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Anonymous</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111720</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 10 Apr 2008 17:55:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111720</guid>
		<description>Actually, I was gonna tell Nate that Fox News is hiring....</description>
		<content:encoded><![CDATA[<p>Actually, I was gonna tell Nate that Fox News is hiring&#8230;.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Steve</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111719</link>
		<dc:creator>Steve</dc:creator>
		<pubDate>Thu, 10 Apr 2008 13:59:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111719</guid>
		<description>Nate - you are one cool dude!  Nate for Mayor!</description>
		<content:encoded><![CDATA[<p>Nate &#8211; you are one cool dude!  Nate for Mayor!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Chris in Eckington</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111718</link>
		<dc:creator>Chris in Eckington</dc:creator>
		<pubDate>Thu, 10 Apr 2008 13:11:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111718</guid>
		<description>I believe rent control only applies to buildings of more than four units constructed prior to 1975.</description>
		<content:encoded><![CDATA[<p>I believe rent control only applies to buildings of more than four units constructed prior to 1975.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Anonymous</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111717</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 10 Apr 2008 12:00:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111717</guid>
		<description>lauren there is no income level for the elderly/disabled exemption.  you just need to prove it and have it approved by city.  it just limits the percentage ll&#039;s can raise the rent per year for your apartment.  across the economic board.  and the new tenants that move into these market rate but not improved units should investigate what their rent should be because the ll&#039;s could be made to refund the difference.</description>
		<content:encoded><![CDATA[<p>lauren there is no income level for the elderly/disabled exemption.  you just need to prove it and have it approved by city.  it just limits the percentage ll&#8217;s can raise the rent per year for your apartment.  across the economic board.  and the new tenants that move into these market rate but not improved units should investigate what their rent should be because the ll&#8217;s could be made to refund the difference.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Lauren</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111716</link>
		<dc:creator>Lauren</dc:creator>
		<pubDate>Thu, 10 Apr 2008 03:07:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111716</guid>
		<description>Also, the lower permissible rent raise per year for the elderly only applies if their income falls below a certain level (though I don&#039;t know exactly what that is).

In my building in AM, the landlord has just been replacing older tenants as they leave with newer ones and renting the units at market rate without making any improvements whatsoever.  The rental market is so tight here, he can do it.</description>
		<content:encoded><![CDATA[<p>Also, the lower permissible rent raise per year for the elderly only applies if their income falls below a certain level (though I don&#8217;t know exactly what that is).</p>
<p>In my building in AM, the landlord has just been replacing older tenants as they leave with newer ones and renting the units at market rate without making any improvements whatsoever.  The rental market is so tight here, he can do it.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Anonymous</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111715</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Thu, 10 Apr 2008 01:07:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111715</guid>
		<description>INMHIIYNTYAH- so when they moved there they paid market rate too duh.</description>
		<content:encoded><![CDATA[<p>INMHIIYNTYAH- so when they moved there they paid market rate too duh.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: emrj</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111714</link>
		<dc:creator>emrj</dc:creator>
		<pubDate>Wed, 09 Apr 2008 22:13:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111714</guid>
		<description>In these older buildings, the owners typically made a smaller original investment; they bought when it was cheap. So, even though their rent revenues are lower, they are still earning a fine return on that investment.

Usually, the vacant units get higher rents, up to the allowable maximum, whether or not the landlord actually fixes them up.  The other residents may benefit from better maintenance (and wealthier new neighbors), or the landlord may try to push them out through a slew of hassling techniques -- no maintenance, repairs at inconvenient times, etc.  Landlords can also try to buy them out, often on the cheap, or intimidate them through all sorts of threats, especially threats of calling immigration or trying to confuse elderly folks.  And, of course, they can make the building uninhabitable and then try to flip it.

So, there&#039;s no clear pattern. It can be win/win for all. But those new condo dwellers can find themselves living right next door to a slumlord who owns a 1/2 vacant building he can neither rent nor develop-- which is what happened to the building next to my house.</description>
		<content:encoded><![CDATA[<p>In these older buildings, the owners typically made a smaller original investment; they bought when it was cheap. So, even though their rent revenues are lower, they are still earning a fine return on that investment.</p>
<p>Usually, the vacant units get higher rents, up to the allowable maximum, whether or not the landlord actually fixes them up.  The other residents may benefit from better maintenance (and wealthier new neighbors), or the landlord may try to push them out through a slew of hassling techniques &#8212; no maintenance, repairs at inconvenient times, etc.  Landlords can also try to buy them out, often on the cheap, or intimidate them through all sorts of threats, especially threats of calling immigration or trying to confuse elderly folks.  And, of course, they can make the building uninhabitable and then try to flip it.</p>
<p>So, there&#8217;s no clear pattern. It can be win/win for all. But those new condo dwellers can find themselves living right next door to a slumlord who owns a 1/2 vacant building he can neither rent nor develop&#8211; which is what happened to the building next to my house.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Nate</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111713</link>
		<dc:creator>Nate</dc:creator>
		<pubDate>Wed, 09 Apr 2008 20:44:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111713</guid>
		<description>Why should there be rent increases fo rthe elderly?  They have had a longer time to prepare for this.  If you really want to assist the elderly, give the landlord tax credits to offset the low rents.

OtisGal, the washpost pointed less than 300 buildings/houses in the entire city with landlord issues.  Many of these properties were owned by the same people.  As such, the Post likely overstated the issue.

For the person commenting on their English basement, that just goes to show that DC has affordable housing.  Much of it just isn&#039;t desirable due to location and or safety.  DC would do much to address the affordability issue by addressing the safety of neighborhoods in SE and NE.  I have had places for rent in SE that are really nice.  W/D in the unit.  Yet, there is a segment of the population in this city that wouldn&#039;t even consider renting the unit if it were free.  That&#039;s not as much of a judgment on the people as it is the ineffectiveness of DC keeping all areas safe.</description>
		<content:encoded><![CDATA[<p>Why should there be rent increases fo rthe elderly?  They have had a longer time to prepare for this.  If you really want to assist the elderly, give the landlord tax credits to offset the low rents.</p>
<p>OtisGal, the washpost pointed less than 300 buildings/houses in the entire city with landlord issues.  Many of these properties were owned by the same people.  As such, the Post likely overstated the issue.</p>
<p>For the person commenting on their English basement, that just goes to show that DC has affordable housing.  Much of it just isn&#8217;t desirable due to location and or safety.  DC would do much to address the affordability issue by addressing the safety of neighborhoods in SE and NE.  I have had places for rent in SE that are really nice.  W/D in the unit.  Yet, there is a segment of the population in this city that wouldn&#8217;t even consider renting the unit if it were free.  That&#8217;s not as much of a judgment on the people as it is the ineffectiveness of DC keeping all areas safe.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Anonymous</title>
		<link>http://www.princeofpetworth.com/2008/04/what-happens-to-apartment-buildings-when-neighborhoods-become-trendy/#comment-111712</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Wed, 09 Apr 2008 20:41:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.princeofpetworth.com/?p=2224#comment-111712</guid>
		<description>so not all buildings have rent control? Guess I lucked out then!</description>
		<content:encoded><![CDATA[<p>so not all buildings have rent control? Guess I lucked out then!</p>
]]></content:encoded>
	</item>
</channel>
</rss>

<!-- Performance optimized by W3 Total Cache. Learn more: http://www.w3-edge.com/wordpress-plugins/

Page Caching using disk: basic
Database Caching 10/23 queries in 0.076 seconds using disk: basic

Served from: www.princeofpetworth.com @ 2012-02-10 00:23:58 -->
