return2ozma@lemmy.world to News@lemmy.world · 7 months agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comexternal-linkmessage-square330fedilinkarrow-up1868arrow-down114file-textcross-posted to: usnews@lemy.lol
arrow-up1854arrow-down1external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comreturn2ozma@lemmy.world to News@lemmy.world · 7 months agomessage-square330fedilinkfile-textcross-posted to: usnews@lemy.lol
minus-squareGeneral_Effort@lemmy.worldlinkfedilinkarrow-up26·7 months agoWhy would you need a law to make someone sell to the highest bidder?
minus-squareMindTraveller@lemmy.calinkfedilinkEnglisharrow-up18·7 months agoBecause sometimes there’s a tie
minus-squaredual_sport_dork 🐧🗡️@lemmy.worldlinkfedilinkarrow-up14·7 months agoOr the landlord might just want to spite the tenant, or he might want to sell to a “new” buyer who turns out to be business partner/cohort/shell LLC/etc.
Why would you need a law to make someone sell to the highest bidder?
Because sometimes there’s a tie
Or the landlord might just want to spite the tenant, or he might want to sell to a “new” buyer who turns out to be business partner/cohort/shell LLC/etc.